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Temasek buys stake in China Mengniu Dairy

This article was originally published in Dairy Markets

Singapore state investor Temasek, through one of its Mauritius subsidiaries, China-focused private equity firm Hopu and three individual investors, agreed to buy 471.13 million shares of Yashili from its parent China Mengniu Dairy for HKD3.50 (USD0.45) each, putting the total deal at HKD1.65 billion.



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