Danone to Acquire 100% Stake of Dumex Baby Food

Danone to Acquire 100% Stake of Dumex Baby Food

Danone unveiled that it agreed to sell to Mengniu the 25% stake the company holds in Yashili and the 20% stake it holds in the Inner Mongolia Dairy Joint Venture. In parallel, Danone will acquire from Yashili 100% of Dumex Baby Food Co Ltd, a Chinese manufacturer of...