Yashili to Acquire Mengniu Arla
On 21 September, Yashili (Stock code: 1230) and Mengniu (Stock code: 2319) jointly announced that Yashili (51.4% Mengniu, 25% Danone) would acquire 100% of shares in Mengniu Arla for USD164.7 million (RMB1.1 billion).Mengniu Arla is Mengniu's wholly-...
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