Danone Divests Stake in Mengniu

On 12 May, Danone announced the sale of its 9.8% stake in China Mengniu Dairy Company Ltd (Mengniu, Stock Code: HK.02319) for USD1.98 billion (HKD15.4 billion, USD1 = HKD7.7653, sourced from www.cnchemicals.com on 19 May). The transaction was settled...

Dairy Products China News 202105

www.cnchemicals.com