A customer is looking at Yili milk products at a market in Shanghai, China, 19 July 2011. Photo: SCMP

Yili in US$850m bid to buy US yoghurt producer Stonyfield

The Inner Mongolia-based company is “a front runner” in the bidding as Beijing encourages domestic firms to go global on a buying spree.

Topic |   Yili Group

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A customer is looking at Yili milk products at a market in Shanghai, China, 19 July 2011. Photo: SCMP
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