SERBIA: Pressure on water privatisation deal
The Serbian privatisation authorities are pushing for the country's top mineral water producer Knjaz Milos and US basketball star Vlade Divac to agree a deal within a month that would see Divac take a stake in the company.
The water company and Divac are negotiating under government supervision. They have been given a September 6 deadline to seal a strategic partnership.
When Divac, who plays for the LA Lakers, agreed to enter talks about taking on the majority stake last year, the government ceased negotiations with other interested parties, which included Coca-Cola, Danone and Nestle.
The privatisation agency has not said whether it will call a tender if the water company does not complete a deal before the deadline.
Nestle Waters has finally reached an agreement with the CGT trade union over restructuring plans for its Perrier bottling plant....
Danone has announced plans for a joint venture in India with Japan's Yakult Honsha Co. ...
France's Groupe Danone said on Friday that it had finally reached an agreement with The Coca-Cola Company to amend their existing deal regarding the distribution of retail bottled water products in No...
Nestle Waters is to launch a range of sugar free water drinks under its Vittel water brand in time for summer....
French food giant Danone is willing to buy the 44% it doesn't already own in its Spanish subsidiary for €1.8bn, Spanish newspaper Cinco Dias has reported....
Groupe Danone is keen to follow other global food and drink companies into Russia's bottled water and beverage market, according to local reports....
A poor start to the year in France is expected to hit Groupe Danone through to the middle of 2005....
UK bottled water sales rose 0.5% to 2.08bn litres in 2004, translating into GBP1.2bn of retail value, according to figures released yesterday (31 March)....
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