Dumex to be Merged into Yashili - Mengniu and Danone Secure a Win-Win Deal

Summary: On 24 July, Danone committed to Dumex China to Yashili completely, investing the funds to acquire shares in Mengniu via a JV established by COFCO and itself. The transaction will support Mengniu's strategy to build up its presence in infant ...

Dairy Products China News 201508

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