date:Apr 30, 2013
cement on Friday, Mengniu said there had been informal talks with a Hong Kong-traded company engaged in the dairy farming business about the acquisition of certain assets. Again, it did not name the company.
The board re-iterates that such talks are very preliminary and the company has not made any decision regarding the alleged acquisition, it said.
This is not the first time the two firms have been linked. Frank Ning, chairman of state-owned COFCO, which owns around 20$ of Mengniu, told Bloo