YuanShengTai, which means ‘organic living’, said the offer would give its shareholders a good chance to cash in, because of its low turnover since its listing in 2013. Photo: Tom Wang YuanShengTai, which means ‘organic living’, said the offer would give its shareholders a good chance to cash in, because of its low turnover since its listing in 2013. Photo: Tom Wang
YuanShengTai, which means ‘organic living’, said the offer would give its shareholders a good chance to cash in, because of its low turnover since its listing in 2013. Photo: Tom Wang
Business /  Companies

Baby milk formula giant China Feihe, endorsed by film star Zhang Ziyi, offers HK$3 billion to buy its supplier YuanShengTai Dairy Farm

  • The deal, which needs shareholder approval, is the biggest expansion move by Beijing-based Feihe since its listing in Hong Kong in November when it raised HK$6.7 billion (US$856 million)
  • Feihe has purchased fresh milk from YuanShengTai to produce its baby milk formula products since 2010

Topic |   Mergers & Acquisitions
Enoch Yiu
Enoch Yiu

Updated: 10:11pm, 7 Sep, 2020

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YuanShengTai, which means ‘organic living’, said the offer would give its shareholders a good chance to cash in, because of its low turnover since its listing in 2013. Photo: Tom Wang YuanShengTai, which means ‘organic living’, said the offer would give its shareholders a good chance to cash in, because of its low turnover since its listing in 2013. Photo: Tom Wang
YuanShengTai, which means ‘organic living’, said the offer would give its shareholders a good chance to cash in, because of its low turnover since its listing in 2013. Photo: Tom Wang
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