CHINA: Mengniu raises cash through stake sale

By: just-food.com | 6 July 2009

China Mengniu Dairy plans to raise HK$3.06bn (US$394.6m) through the issue of new shares to China National Oils, Foodstuffs and Cereals Corp (COFCO) and Hopu Investment Management.

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China Mengniu Dairy plans to raise HK$3.06bn (US$394.6m) through the issue of new shares to China National Oils, Foodstuffs and Cereals Corp (COFCO) and Hopu Investment Management.

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