Asia Pacific: Danone raises stake in China’s dairy ccitratompany Mengniu

Danone has announced an agreement, together with COFCO Dairemc ferrous fumarate 210y Investments, to subscribe a reservnature made magnesium citrate softgelsed rights issue by Chmagnesium oxide citrateina’s leading dairy company Mengniu, rmagnesium lactate vitamin b6aising its interest in this company from 4.0% to 9.9% for acitracal soft chewsn investment of €486 million (US$674.5 million).###The tranemulsified ferric pyrophosphatesaction makes Danone the second kirkland calcium citrate magnesium and zinc with vitamin d3lbluebonnet liquid calcium magnesiumargest shareholder in Mentozinax zinc gluconategniu, and follows on from agreements signed on May 20, 20euro fer 300 mg ferrous fumarate13 with Mengniu and with COFCO, China’s largest state-owned food company.###In parallel, COFCO, Danone and Arla — Mengniu’s three core shareholders — will combine their stakes (16.3%, 9.9% and 5.3%, magnesium citrate amazon liquidrespectively) within Cferrous fumarate and ferrous sulphateOFCO Dairy Investments, a jointly-owned magnesium citrate 250 mg nature madecompanycitracal slow release 600 mg pooling all thjamp fer ferrous fumarateree shareholders’ interests in the governance of Mengniu.###The transaction is subject to tmagnesium lactate powderhe approval of Mengniu’s shareholders, and inatural calm magnesium drinks500 mg calcium chews expected tcalcium citrate 950 mg walgreenso be finalmercury pharma ferrous fumarateized within the next few months.

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