Danone or "cost" to exit Bright Dairy?.

<P>: Http:// News, Bright Dairy and Danone Group, a joint venture for up to fifteen years of history or the end. .Post reporter was informed yesterday, the third largest shareholder of Bright Dairy --- Danone Asia Limited (Danone Asia) wishing to 20.01% held by the transfer of shares of Bright Dairy to Shanghai Milk Group, majority shareholder of Bright Dairy. .This means that, following the end of strategic cooperation yogurt business, Danone Group, will completely withdraw from the light. .</ P> <P> both denied </ P> <P> Post reporters yesterday confirmed from reliable sources, Danone Asia currently holds 20.01% of the total share capital of Bright Dairy 20,848.27 million, will be transferred to the light .Dairy Milk Group, the largest shareholder of Shanghai, "it almost into the price negotiation stage." But the person declined to disclose more information. .</ P> <P> Divestment matter for Danone decided yesterday, Danone Asia and the Bright Dairy official are to be denied. .Danone said, "This is not true, of its stake in Bright Dairy remains the same." </ P> <P> want to exit the light of the rumors could have been prevalent. .Earlier media reports said Danone will be four yuan more than the price will transfer all its shares in Shanghai all the milk group, the two sides have been in the drafting of the contract. .It is understood that the sale price of its holdings of recent share price quite bright. .</ P> <P> Many in the industry also believes that up to exit the light "in line with expectations." ."Bright Dairy and Danone yogurt cooperation has not, the exit is only a matter of time." Thick SW Zhao analysts are not surprised about the incident. .According to its disclosure, Danone yogurt was the sub-brand "Picvue" referred to Mengniu, both sides had concluded business cooperation. .Cooperation due to early termination of the contract, amounting to 80 million yuan to compensate the light. .</ P> <P> s over </ P> <P> analysts believe that Danone has been seeking a controlling position in Bright Dairy, and this desire Bright Food Group was established last year after the dashed, so instead .to establish cooperation with China Mengniu Dairy, Bright Dairy is also a matter of course to completely withdraw. .</ P> <P> 2002 after a year and listed Bright Dairy, Danone has several holdings in the Company. .Most recently in April 2006, Danone Asia, the price to 4.06 yuan from the Shanghai Milk Group and the acquisition of 8819.88 million shares on the real food. .Currently, Danone Asia has a 20.01% stake in Bright Dairy. .</ P> <P> As can withdraw up to the possible impact of Bright Dairy, the analysts that "there is nothing, on the bright is not necessarily a bad thing." Danone out, the Shanghai Milk Group controls the majority of shares, .You can share incentive management, will have a positive impact on the company. .</ P> <P> Bright Dairy Food Group is currently one of six major industries, backed by Bright Food Group, Bright Dairy and Danone will not be less been seriously affected. .</ P> <P> However, researchers Renmei Jiang Oriental Securities in a report that the current highly competitive dairy industry, the industry slowdown, "Guangming Group in the Greater integration framework, to achieve a breakthrough, the capital level .integration is necessary. "</ P>.