Yili Divests 40% Stake in Youran Farming
On 5 January, Yili announced the sale of its remaining 40% stake in Inner Mongolia Youran Farming Co., Ltd. (Youran Farming) to its foreign partner, Yogurt Holding (HK) Limited (Yogurt HK), for USD215.3 million (RMB1.4 billion). This deal gives Yogur...
Dairy Products China News 201601