Chinese milk producers including Mengniu had been scooping up dairy farms outside the country ever since a 2008 scandal involving melamine-tainted milk dented Chinese consumers’ confidence. Photo: AFP

Mengniu pays HK$6.92 billion to buy out China’s largest dairy herd

Topic |   China Mengniu Dairy

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Chinese milk producers including Mengniu had been scooping up dairy farms outside the country ever since a 2008 scandal involving melamine-tainted milk dented Chinese consumers’ confidence. Photo: AFP
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