China Mengniu Dairy is extending its presence in China's relatively undeveloped dairy market with a HK$3.18 billion investment. Photo: Reuters

Mengniu Dairy to pay HK$3b for 27pc Modern Dairy stake

Firm in tainted milk scandals eyes 27pc slice of supplier to help secure raw materials

Topic |   China Mengniu Dairy

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China Mengniu Dairy is extending its presence in China's relatively undeveloped dairy market with a HK$3.18 billion investment. Photo: Reuters
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