PARIS (Reuters) -French food group Danone, under pressure from investment funds over its shareholder returns, on Wednesday said it is selling a potential $2 billion stake in China...
By Nikhil Nainan and Byron Kaye (Reuters) - Australia cleared a dairy producer part-owned by the Chinese government to buy local infant formula maker Bellamy's Australia Ltd...
China Mengniu Dairy Company Limited is an investment holding company principally engaged in the manufacture and distribution of quality dairy products in China. The products include liquid milk products (such as milk beverages and yogurt), ice cream, milk formula and other products (such as cheese). The Company's subsidiaries include Mengniu (China) Investment Company Limited, China Mengniu International Co., Ltd. and Plant Base Limited. Through its subsidiaries, the Company is also engaged in the manufacture and sale of plant-based beverages.
|Average||43.63 (+41.66% Upside)|
|No. of Analysts||28|