Danone completes selloff from SAIF investee China Huiyuan Juice
Danone, the European food and beverages giant, has completed the sale of its 10.83% stake in China Huiyuan Juice Group Ltd., the Chinese juice maker which is about 23% owned by SAIF Parters.
Danone's share sale was understood to be valued at RMB1.76 billion ($261 million). After this exit, the European maker has no share remaining in the juice maker. SAIF Partners has now a 22.98% stake in...
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