Brief: China Mengniu Dairy Updates On Pre-Conditional Privatization Of Yashili By Star Future Investment Co By Way Of Scheme Of Arrangement
Dec 14 (Reuters) - China Mengniu Dairy Co Ltd 2319.HK :
* UPDATES ON PRE-CONDITIONAL PRIVATIZATION OF YASHILI BY
STAR
FUTURE INVESTMENT CO BY WAY OF SCHEME OF ARRANGEMENT
* AS OF DEC 14, REMAINING SCHEME PRE-CONDITION OF COMPLETION
OF
25% YASHILI ACQUISITION HAS NOT BEEN FULFILLED
* MENGNIU HAS BEEN WORKING WITH DANONE AND YASHILI TOWARDS
FULFILLMENT OF CONDITIONS PRECEDENT TO DUMEX CHINA DISPOSAL
Source text for Eikon: ID:nHKS1x08J3
Further company coverage: 2319.HK
((Reuters.Briefs@thomsonreuters.com;))
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