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Friday, May 14, 2021
Danone looks to sell its US$2 billion stake in China Mengniu Dairy Company
French food group Danone is looking to sell a potential US$2 billion stake in China Mengniu Dairy Company following pressure from investment funds over its shareholder returns, Reuters reported.
Tuesday, August 25, 2020
China's Mengniu and Japan's Kirin cancel deal over Australia's Lion Dairy
China's Mengniu Dairy and Japan's Kirin Holdings have given up on the deal for Mengniu to purchase Kirin-owned Australia's Loin Dairy and Drinks, Reuters reported.
Thursday, August 20, 2020
Australia will not approve China's Mengniu Dairy buyout of Australia's milk brands
The Australian government will allegedly reject China-based Mengniu Dairy's proposed buyout of Japan's Kirin Holding's ownership of Australian milk brands such as Lion Dairy & Drinks, Reuters reported.
Wednesday, June 10, 2020
China Mengniu Dairy reports sales recovery
China Mengniu Dairy's sales recovered to double-digit growth in April and May compared to the same period last year, after COVID-19 brought losses, sending its shares soaring in Hong Kong on Tuesday, reported South China Morning Post.
Tuesday, November 26, 2019
Mengniu Dairy China set to purchase another Australian dairy firm, owned by Kirin
Hong Kong-listed Mengniu, partly owned by the China government, is set to buy Lion Dairy & Drinks from Japan's Kirin Holdings for 600 million AUD (~US$407 million; 1 AUD = US$0.68), its second dairy buyout in Australia, reported Reuters.
Wednesday, November 20, 2019
Mengniu Dairy China purchases Australian dairy firm Bellamy's with stipulated conditions
The S$1.43 billion (US$90.27 million) purchase by Mengniu, partly owned by the China government, was approved by the Australian government with several conditions in place, reported Reuters.
Thursday, February 13, 2014
Danone raises stake in China's leading dairy company Mengniu
February 13, 2014 Danone raises stake in China's leading dairy company Mengniu France-based Danone SA announced an agreement, together with COFCO Dairy Investments, to raise its stake in China's leading dairy company - China Mengniu Dairy L ...
Wednesday, November 13, 2013
China Mengniu buys shares of YuanShengTai Dairy Farm
November 13, 2013 China Mengniu buys shares of YuanShengTai Dairy Farm Riding on the strong demand for dairy stocks, YuanShengTai Dairy Farm, a Heilongjiang-based producer of raw milk, boosts deal size to US$500 million, with Mengniu among ...
Monday, May 27, 2013
Mengniu to launch new organic milk brand in China
May 27, 2013 Mengniu to launch new organic milk brand in China   China's Mengniu Dairy plans to launch a new organic milk brand imported from Denmark. The company states that the new brand of milk will be supplied by Swedish-Danish cooperat ...
Thursday, May 9, 2013
China Mengniu to acquire US$410 million stake in KKR's Modern Dairy
May 9, 2013 China Mengniu to acquire US$410 million stake in KKR's Modern Dairy     In order to rebuild trust after a series of scandals left local brands' reputations in tatters, China Mengniu Dairy Co Ltd announced to buy a US$410 million ...
Thursday, April 25, 2013
China Modern Dairy denies takeover by Mengniu
April 25, 2013 China Modern Dairy denies takeover by Mengniu     China Modern Dairy has denied a takeover by "a third party" - assumed to be dairy product manufacturer, Mengniu, but has confirmed that talks are ongoing with the unnamed comp ...
Wednesday, October 17, 2012
Mengniu Dairy, Arla Foods establish RMB220 million dairy knowledge centre in China
October 17, 2012 Mengniu Dairy, Arla Foods establish RMB220 million dairy knowledge centre in China China Mengniu Dairy and Denmark's Arla Foods have signed an investment agreement of RMB220 million to establish a "Sino-Danish Dairy Product ...
Monday, June 18, 2012
Arla, Mengniu China Dairy signs US$290 million deal
June 18, 2012 Arla, Mengniu China Dairy signs US$290 million deal      Arla Foods' push into Asia is boosted by an important US$290 million deal with China's top dairy firm, Cofco. Arla said it will boost its revenues in China by 2016, from ...
Monday, June 18, 2012
Mengniu Dairy to invest in large-scale farms in China (Press release)
June 18, 2012 Mengniu Dairy to invest in large-scale farms in China Press release Mengniu Dairy plans to invest RMB3.5 billion, or US$552 million, to build 8-12 self-operated large scale dairy farms in China  by 2015. The farms will feature ...
Monday, May 14, 2012
Food safety fears trigger China Mengniu Dairy's company revamp
May 14, 2012 Food safety fears trigger China Mengniu Dairy's company revamp Ever since tainted milk killed children in 2008, the security of food quality has been a factor to an executive revamp and soul-searching at the country's biggest d ...
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