Mengniu in talks to buy KKR-backed Modern Dairy - report
Hong Kong-listed China Mengniu Dairy, the country’s largest dairy producer, has reportedly held talks to acquire China Modern Dairy, the raw milk supplier in which KKR Asia Fund owns 24%.
The value of the potential acquisition hasn't been determined, sources with knowledge of the matter told Bloomberg. However, Modern Dairy said in a statement filed to the Hong Kong Stock exchange that...
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