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Aggregated China Business Blogs
Danone To Sell Dumex To PE-Backed Yashili For $159M
Aggregated Source: China Money Network
Dairy giant Danone SA has reached a final agreement to sell its struggling Dumex unit in China to Hong Kong-listed Chinese dairy firm Yashili International Holdings Ltd. for €150 million ($159 million), says a company announcement. The news follows a release issued by Danone in July this year, announcing the conclusion of a preliminary agreement […]


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