CHINA: China Modern Dairy admits talks over "assets" sale
date:Apr 30, 2013
t week. The company did, however, say it had held preliminary discussions over a possible asset sale but did not name the firm with which it was holding talks.

The company has held certain preliminary discussions with a third party in connection with a possible disposal of certain assets of the group. However, no material terms concerning the possible disposal has been agreed and the company has not entered into any definitive agreement in relation to the possible disposal.

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