Home Mengniu Dairy to acquire majority stake in infant formula producer Yashili for $1.6bn
 

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Mengniu Dairy to acquire majority stake in infant formula producer Yashili for $1.6bn

2013-06-19 01:00:00| Food Processing Technology

China Mengniu Dairy has entered into an agreement to acquire all of the outstanding shares in infant formula manufacturer Yashili, in a deal worth HK$12.5bn ($1.6bn).

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