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Thursday, May 14, 2009
Sanlu brand sold for RMB7.3 million
May 14, 2009 Sanlu brand sold for RMB7.3 million                                  The brand of Sanlu Group, the dairy company at the heart of China's tainted milk scandal last year, was sold at an auction Tuesday (May 12) for RMB7.3 million ...
Wednesday, May 6, 2009
Sanlu Group shares snapped up by five more companies
May 6, 2009 Sanlu Group shares snapped up by five more companies Shares previously owned by the bankrupt Sanlu Group, the Chinese dairy firm at the centre of last year's melamine contamination scandal, have been snapped up by five more comp ...
Monday, May 4, 2009
China's Sanyuan to employ all of Sanlu's former employees
May 4, 2009 China's Sanyuan to employ all of Sanlu's former employees                            All employees of Sanlu Group, the bankrupt dairy company responsible for last year's contaminated milk scandal, will be reemployed by this Nove ...
Tuesday, April 21, 2009
Sanyuan launches new formula products after Sanlu's assets acquisition
April 21, 2009 Sanyuan launches new formula products after Sanlu's assets acquisition Sanyuan Group has launched new milk powder products since purchasing the core assets of Sanlu Group, the bankrupt dairy company responsible for last year' ...
Wednesday, April 15, 2009
Fonterra plans to buy Sanlu's shares in dairy farm
April 15, 2009 Fonterra plans to buy Sanlu's shares in dairy farm                                    New Zealand's Fonterra Co-operative Group, the world's largest dairy trader and former partner of Sanlu Group, plans to buy Sanlu's shares ...
Monday, April 13, 2009
Sanlu Group's last auction unsuccessful
April 13, 2009 Sanlu Group's last auction unsuccessful                                     The fourth and final planned auction of Sanlu Group's assets failed in Shijiazhuang Monday (Apr 13).   The assets at Monday's auction included the gr ...
Thursday, April 9, 2009
Sanyuan buys 95 percent stake in Sanlu Shandong
April 9, 2009 Sanyuan buys 95 percent stake in Sanlu Shandong Beijing-based Sanyuan Group on Thursday successfully bought 95 percent stake in the Sanlu (Shandong) dairy company owned by Sanlu Group. The shares were bought for RMB49 million ...
Wednesday, April 8, 2009
Two companies buy back shares from Sanlu
April 8, 2009 Two companies buy back shares from Sanlu                                       Two dairy companies Tuesday (Apr 7) bought back shares previously owned by Sanlu Group, the bankrupt Chinese dairy firm responsible for last year's ...
Monday, April 6, 2009
Sanyuan not to participate in Sanlu's second auction
April 6, 2009 Sanyuan not to participate in Sanlu's second auction Sanyuan Group, a Beijing-based dairy producer, announced Saturday (Apr 4) that it would not compete in the auction of Sanlu Group's other assets.   The announcement was avai ...
Monday, March 23, 2009
China's Sanlu Group carrying out second auction in April
March 23, 2009 China's Sanlu Group carrying out second auction in April                                       Sanlu Group, the bankrupt Chinese dairy company involved in last year's contaminated milk scandal, will carry out a second auction ...
Wednesday, March 4, 2009
Sanyuan succeeds at buying Sanlu at auction
March 4, 2009 Sanyuan succeeds at buying Sanlu at auction Beijing-based dairy producer Sanyuan has successfully acquired Sanlu Group, the dairy firm at the centre of last year's milk contamination scandal, in an auction. Sanyuan acquired th ...
Tuesday, March 3, 2009
Sanyuan acquisition to shore up Sanlu's sales by 30 percent
March 3, 2009 Sanyuan acquisition to shore up Sanlu's sales by 30 percent Beijing Sanyuan Food Co Ltd is ready to take over the assets of Sanlu, and the acquisition is expected to recover about 30 percent of Sanlu's sales this year, Sanyuan ...
Saturday, February 14, 2009
Sanlu's assets up for auction in March
February 14, 2009 Sanlu's assets up for auction in March   Sanlu Group's assets will be auctioned on March 4 following Chinese courts' orders on its involvement in a melamine - milk contamination scandal last year. The mandate was issued by ...
Tuesday, January 27, 2009
Fonterra releases statement on Sanlu verdict (Press release)
January 27, 2009   Fonterra releases statement on Sanlu verdict     The CEO of Fonterra, Mr Andrew Ferrier over the weekend said that the company had refrained from making any comment on the criminal proceedings in China until he had had th ...
Thursday, January 22, 2009
Former Sanlu executive gets life; two others sentenced to death over melamine scandal
January 22, 2009   Former Sanlu executive gets life; two others sentenced to death over melamine scandal     A Chinese court has sentenced to life the former executive of Sanlu Group while two men are meted with death verdict at the center ...
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