CITIC Agri Fund Becomes Ausnutria's Largest Shareholder

On 6 April, Ausnutria Dairy Corporation Ltd. (Ausnutria) announced that CITIC Agri Fund, subsidiary of the state-owned CITIC Group, had acquired a 25.18% stake in Ausnutria for about USD249.9 million (HKD2.0 billion, USD/HKD exchange rate @ 7.8492 on...

Dairy Products China News 201804

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