Mengniu to sell 20% to two China groups: Journal

Posted by TradingCalls on Jul 6th, 2009 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

China Mengniu Dairy Co., the inner Mongolian group embroiled in a tainted-milk scandal last year, will sell a 20% stake to two mainland Chinese investment groups for about $780 million, according to reports Monday.

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Mengniu to sell 20% to two China groups: Journal