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

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

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Register Now

Want to read this important story?

Access thousands of news articles and data posts over the past 9 years!


Already have an account or paid subscription? Log in

China Expert network

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.

LEAVE A REPLY