Brief: Yashili International says enters MOU among Mengniu Dairy and Danone
23/07/2015 23:04
July 23 (Reuters) - Yashili International Holdings Ltd 1230.HK : * MOU was entered into among Mengniu Dairy, Yashili and Danone in relation to the proposed acquisition and the proposed share subscription * Says Danone intends to sell to Yashili (or one of its affiliates) its entire ownership interest in Dumex China * Danone intends to use proceeds from proposed acquisition to subscribe for such number of shares in Mengniu Dairy Source text for Eikon ID:nHKS11WvFM ((For more news, please click here 1230.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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