Fuerst Day Lawson

China – Economic Update PDF Print E-mail
Monday, 13 July 2009 08:48

Hopu and COFCO Buys Mengniu.
News.xinhuanet.com are reporting that Hopu and China National Oils, Foodstuffs and Cereals Corp (COFCO) will invest 20% into China Mengniu Dairy Co. The two companies combined are expected to invest approximately US$ 800,000,000 – the biggest deal ever seen in the Country’s food industry.

To read the full article please visit:
http://news.xinhuanet.com/english/2009-07/07/content_11666711.htm


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