Mengniu Divests Junlebao

Summary: On 1 July, Mengniu announced its plan to sell off Junlebao to Shijiazhuang Penghai and Shijiazhuang Junqian for USD583.8 million (RMB4 billion), rumoured as a preparation for Junlebao's listing.On 1 July, Mengniu (Stock Code: 2319) announced...

Dairy Products China News 201907

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