Tag Archives: MENGNIU

Danone announced it now owns 9.9% in China’s leading dairy company Mengniu

Paris, France, 14-2-2014 — /EuropaWire/ — Danone today (February 12, 2014) announced an agreement, together with COFCO Dairy Investments, to subscribe a reserved rights issue by China’s leading dairy company Mengniu, raising its interest in this company from 4.0% to 9.9% for an investment … Read the full press release

COFCO, Mengniu, Danone form joint-venture to Accelerate the Development of Fresh Dairy Products in China

Paris, 23-5-2013 — /europawire.eu/ — COFCO, the State-owned largest food company in China, has signed an agreement with Danone, pursuant to which the two parties will form a joint-venture. COFCO has agreed to sell 148,014,022 shares in China Mengniu (a Hong-Kong … Read the full press release