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Bellamy's Australia Says Proposed Acquisition Of Co By Unit Of China Mengniu Dairy Company Is Legally Effective
Bellamy's Australia Says Court Approves Proposed Acquisition Of Co By China Mengniu
Bellamy's Australia Shareholders Approve Proposed Acquisition Of Co By China Mengniu Dairy's Unit
China Mengniu Dairy Company Limited is an investment holding company principally engaged in the manufacture and distribution of quality dairy products in China. The products include liquid milk products (such as milk beverages and yogurt), ice cream, milk formula and other products (such as cheese). The Company's subsidiaries include Mengniu (China) Investment Company Limited, China Mengniu International Co., Ltd. and Plant Base Limited. Through its subsidiaries, the Company is also engaged in the manufacture and sale of plant-based beverages.
Suites 801-2, 8th Floor, Top Glory Tower
262 Gloucester Road,Causeway Bay
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Independent Non-Executive Vice Chairman of the Board
Chief Financial Officer
Vice President of Human Resources
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China Mengniu Dairy Co Ltd <2319.HK> plans to buy the owner of some of Australia's best known milk brands from Japan's Kirin Holdings Co Ltd <2503.T> for A$600 million ($407 million), its second Down Under dairy buyout in two months.
China Mengniu Dairy Co Ltd on Monday said its unit has entered into an agreement to buy Australia-based dairy and beverages firm Lion-Dairy & Drinks Pty Ltd for A$600 million ($407 million).
The following bids, mergers, acquisitions and disposals were reported by 2200 GMT on Thursday:
Australia has conditionally approved China Mengniu Dairy Co's A$1.43 billion ($980.27 million) takeover of infant formula maker Bellamy's Australia Ltd, the country's Treasurer Josh Frydenberg said on Friday.
China Mengniu Dairy Co <2319.HK> unveiled a plan to buy infant formula maker Bellamy's Australia Ltd <BAL.AX> for A$1.43 billion ($983 million), a lifeline for a target beset by regulatory problems that sent its shares soaring.
Bellamy's Australia Ltd on Monday said China Mengniu Dairy Company Ltd will buy the formula maker for A$1.43 billion ($982.98 million).
China Mengniu Dairy Co Ltd <2319.HK> said late on Monday it would sell its 51% stake in dairy products making unit Shijiazhuang Junlebao Dairy Co Ltd for 4.01 billion yuan ($585.51 million) cash to strengthen its financial position.
China Mengniu Dairy and Coca-Cola have signed a multi-year global Olympic deal as joint beverages and dairy sponsors starting from 2021 until 2032, the International Olympic Committee (IOC) said on Monday.
CHINA MENGNIU DAIRY, COCA-COLA SIGN JOINT GLOBAL OLYMPIC SPONSOR DEAL FROM 2021 TO 2032 - IOC
China Mengniu Dairy Co Ltd's 2018 net profit jumped 49 percent, boosted by stronger sales on an improved product mix and stable raw milk prices.
China Mengniu Dairy Co Ltd late on Wednesday said its first-half net profit jumped 38.6 percent, boosted by reduced costs and stronger sales due to higher-quality products.
* ENTERED SETTLEMENT AGREEMENT WITH INNER MONGOLIA MENGNIU REGARDING 2018 FIFA WORLD CUP SPONSORSHIP RIGHTS
* Sees new development opportunities from upgrade of consumption (Add management comment, details)
HONG KONG, March 28 Reuters) - China Mengniu Dairy Co Ltd said it returned to profit in 2017, helped by low raw milk prices, tighter control over costs and expenses, and solid sales growth for its milk and yogurt products.
* FILIP KEGELS HAS RESIGNED FROM HIS ROLE AS A NON-EXECUTIVE DIRECTOR OF COMPANY
* China Mengniu Dairy Co will partner with domestic e-commerce giant Alibaba Group Holding to capture untapped dairy demand in rural areas Source text for Eikon: [ID:http://s.nikkei.com/2w4eNhj] Further company coverage:
* Bai Ying has tendered his resignation as an executive director with effect from Aug. 31 Source text: (bit.ly/2eH7SVh) Further company coverage: (email@example.com)
China Mengniu Dairy Co Ltd said late on Wednesday its first-half net profit rose 4.7 percent, crediting higher sales, low raw milk prices and effective control over costs and expenses.
* Entered into subscription agreement in connection with issue of bonds in aggregate principle amount of us$194.8 million by co
* Fy loss attributable to owners rmb 751.2 million versus profit of rmb2.37 billion
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.