Danone buys 25% of China infant milk firm

Sat, Nov 01, 2014 - 5:50 AM

Shanghai

DAIRY giant Danone SA will buy a 25 per cent stake in China's Yashili International for US$550 million, gaining an additional route into the Chinese market for infant milk formula.

Danone's key Dumex brand is battling to win back consumers after it lost ground last year in...

danone
Yashili
Mengniu
milk

Breaking News

12:24 am

Europe car sales extend downward spiral with worst drop of 2019

12:10 am

May says Brexit must be delivered in a way that brings country back together

11:59 pm

New EU chief faces battle for stable majority

11:45 pm

Latest hot spell set to deepen drought pain in France

11:35 pm

Boeing to spend half of US$100m fund to support 737 MAX crash victim families

11:15 pm

IMF warns rising trade-war risk is weighing on global economy

1	Hong Kong turmoil has millionaires eyeing other wealth havens like Singapore
2	Singapore Shopping Centre on en bloc market with S$255m reserve price
3	Prudential sues former top agency manager for up to S$2.5b over alleged poaching of 244 agents
4	New tripartite initiative to help Singapore firms hire persons with disabilities
5	How can blockchain help create better public services?

Consumer

Consumer

You are here

Danone buys 25% of China infant milk firm

Prudential Singapore sues former top manager for up to S$2.5b

Discretionary portfolios finding favour with Bank of Singapore clients

Utico says Hyflux rescue deal may be worth up to S$535 million

Must Read

Singapore exports post 4th month of double-digit decline with 17.3% plunge in June

Daily Debrief: What Happened Today

Visa invests undisclosed amount in Gojek’s Series F round

CCT to lease out entire 21 Collyer Quay office tower to WeWork after HSBC moves out

You are here

Danone buys 25% of China infant milk firm

To continue reading

Market voices on:

Sign up for BT Newsletters

Editor's Choice

Most Read

Must Read