Mengniu Completes Takeover of Shengmu High-tech Dairy

Summary: On 22 January, Mengniu acquired 49% of Shengmu High-tech Dairy from China Shengmu for USD1.2 million (RMB8 million) – after the 51% stake it acquired for USD19.5 million (RMB135 million) last year - making Shengmu High-tech Dairy a who...

Dairy Products China News 202002

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