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| Friday, September 05, 2008 23:42:42 |
Bright Dairy severs Danone link
Bright Dairy & Food, China's largest dairy company, announced Tuesday it would terminate its strategic partnership with French yogurt maker Groupe Danone SA, the official Xinhua News Agency reported. Danone will sell its 20.01% stake in Bright Dairy to the Shanghai-headquartered company's two largest Chinese shareholders – Shanghai Dairy (Group) and Shanghai Industrial ...
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