China Mengniu To Buy Out KKR, CDH-Backed Modern Dairy For $826M

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China Mengniu Dairy Co., Ltd. has offered to buy out dairy farming company China Modern Dairy Holdings Ltd. for US$826 million to secure a stable supply of raw milk for the Chinese dairy products manufacturing giant.

China Money Network

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1 COMMENT

  1. Maybe it would be more feasible and make more sense for Mengniu to buy medium size diary company like Yuan Sheng Tai dairy. It has a strong business modal that is functioning well. Furthermore it is dirt cheap compared to the rest.