Terms of the deal to buy the majority stake in the holding company of DAOJIA.com.cn were not disclosed, though details will be finalised by the close of May. Yum China Holdings has purchased a controlling stake in Daojia, a food delivery firm, in a bid to improve the restaurateur’s outgoing[Read More…]
Finance
Ausnutria acquires ADP and Ozfarm at RMB170 million
Ausnutria Dairy Corporation Ltd., is a leading dairy industry company with production facilities principally based in the PRC, the Netherlands and Australia, engaging in the production and distribution of all dairy products and nutrition products Ausnutria Dairy Corporation Ltd., a leading dairy industry company with production facilities principally based in[Read More…]
Amul to invest nearly $390m in expanding capabilities
The company currently sources 20 million litres of milk a day but will need to increase this by 13-14% in order to achieve the growth target. India’s Gujarat Co-operative Milk Marketing Federation (GCMMF) plans to invest the equivalent of almost $390 million over the next three years to expand the[Read More…]
