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China Mengniu Dairy
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China Mengniu Dairy to Acquire Modern Dairy for $826m
Jan 10, 2017China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
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China's Fuyuan to Acquire Majority Stake in Burra Foods
May 9, 2016Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
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Yashili Opens $220m Infant Formula Production Plant in New Zealand
Nov 9, 2015China-based dairy company Yashili has opened a $220m infant formula manufacturing factory in Pokeno in New Zealand through Yashili New Zealand, which is a joint venture between Yashili International Holdings and Mengniu Dairy Co. ...
Tags: Yashili, Infant Formula
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The Investment Is Said to Form a Part of Danone's Strategy to Expand Footprint in China
Nov 19, 2014French dairy major Danone has agreed to invest €437m in Chinese infant formula producer Yashili, in a move to acquire 25% stake. The investment is said to form a part of the company's strategy to expand its footprint in China. ...
Tags: Yashili, Mengniu Dairy, Danone, Agriculture
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Danone Agrees to Acquire 25% Stake in Chinese Infant Formula Producer Yashili for 437m Eur
Nov 12, 2014French dairy major Danone has agreed to acquire 25% stake in Chinese infant formula producer Yashili for €437m. The move forms a part of the company's strategy to expand its footprint in China. Under the agreed terms, China ...
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KKR Divested Its Entire Stake in China Modern Dairy
Sep 3, 2014New York-based private investment firm Kohlberg Kravis Roberts (KKR) has divested its entire stake in China Modern Dairy, for around $80m. The company sold 168 million shares at HK$3.70 ($0.47) per share. China Modern Dairy is an ...
Tags: Modern Dairy, Food
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YuanShengTai Dairy Farm Has Raised Through IPO in Hong Kong
Nov 25, 2013Chinese raw milk producer YuanShengTai Dairy Farm (YST) has raised $425m through initial public offering (IPO) in Hong Kong. Headquartered in Qiqihar, China, YST produces and sells premium raw milk to dairy products manufacturers, ...
Tags: Yuanshengtai Dairy
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Temasek and Hopu Plans to Purchase a $213m Stake in Yashili International
Nov 12, 2013Temasek, a sovereign wealth fund of the Government of Singapore, and private equity firm Hopu have agreed to purchase a $213m stake in Chinese infant formula maker Yashili International. The move comes after Yashili's parent company China ...
Tags: Temasek, Hopu, Yashili, China Mengniu Dairy
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Temasek Has Teamed up with Hopu&Three Private Investors to Acquire Yashili International
Nov 12, 2013Temasek, Singapore's state-owned investment company, has teamed up with China-focused private equity firm Hopu and three private investors to acquire $213m worth stake in infant milk formula producer Yashili International. The shares will ...
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WeChat May Be Tempered by Aggressive Censorship Being Directed out of Beijing
Oct 2, 2013Almost half of China’s population surfs the internet on a daily basis. Many users are drawn by the contact with other people: Students and white collar workers get to rub shoulders with CEOs and film stars. Interaction drives ...
Tags: Wechat, Careless Talk
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Yashili receiveS approval to establish NZ$220m infant formula production facility
Sep 3, 2013Chinese company Yashili has received approval to establish a NZ$220m ($170.7m) infant formula production facility in Pokeno, New Zealand. The Waikato District Council gave clearance for the facility after a three-day hearing which was ...
Tags: Yashili, Infant Formula
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The Chinese Government Has Been Busy Probing Western Firms This Week
Jul 9, 2013The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
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Wyeth Cuts Infant Formula Prices in China Amid Probe
Jul 4, 2013Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
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China Mengniu Dairy Is Set to Purchase a 75.3% Stake in Yashili International for $1.6bn
Jun 20, 2013China Mengniu Dairy is set to purchase a 75.3% stake in Yashili International for $1.6bn from its controlling shareholders, Zhang International Investment and CA Dairy Holdings. Yashili is currently one of the largest domestic pediatric ...
Tags: Mengniu Dairy, Yashili
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Mengniu Dairy Has Agreed to Acquire 75.3% Stake in Infant Formula Manufacturer Yashili
Jun 20, 2013China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food