no hui yuan = crazy day at the office

     Back in Beijing I was in the building (guarding the door to the conference room) where a major deal went down between Coke and Huiyuan (a major Chinese juice company). Well, the government had exactly 200 days from that day to decide wether they wanted to allow the deal to happen (both Mr. Muhtar and Mr. Ju were in agreement, but nothing here is final until the gov says so).
      The deal for 2.5 billion was presented one week before the financial crisis in the States happened. Had the deal been made one week later it would have been for probably half of that offer. Today in the Shanghai offices rumors were flying, and everything was 'a buzz'. There have been nationalist protestors at the building who want to protect their local brands. The 200 days just ran out... the government did not allow the take over. This could be a blessing in disguise for CocaCola, as with the economic crisis, they can use the money for other investments. More below:

http://www.taipeitimes.com/News/worldbiz/archives/2009/03/19/2003438821

http://www.ajc.com/business/content/shared-gen/ap/Finance_General/AS_China_Coca_Cola_Huiyuan.html