Danone looses US$25 million per month on Wahaha

I had almost forgotten about the classic case between the French food company Danone and its Chinese partner Wahaha. Der Spiegel gives a decent overview of the case and summarizes the damage:

Danone is losing about $25 million a month because of the quarrel. Its stock has suffered, losing 15 percent of its value since February, both as a result of these losses and of the uncertainty the severity of the dispute has created in the markets.

(h/t to Jan van de Bergh)