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Article: BRIGHT FOOD TO BUY 60% OF YUNNAN BIGGEST SUGAR MAKER
- Article from:
- AsiaInfo Services
- Article date:
- August 18, 2009
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AsiaInfo Services
08-18-2009
Bright Food to Buy 60% of Yunnan Biggest Sugar Maker
SHANGHAI, Aug 18, 2009 (SinoCast Daily Business Beat via COMTEX) -- Bright Food (Group) Co., Ltd. yesterday announced that it would purchase a 60% stake in Yunnan Dehong Yingmao Sugar Industry Co., Ltd., the biggest sugar maker in Yunnan Province, southwest China.
Sources said that Bright Food (Group) would obtain a 30% stake in the target company from Goldman Sachs and another 30% stake from the management of Dehong Yingmao Sugar.
The Bright Food (Group) Chairman Wang Zongnan said that after the strategic cooperation, his company would help Dehong Yingmao Sugar speed up its listing in Hong Kong.
Days ago, ...
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Article: BRIGHT FOOD KICKS OFF NEW ROUND OF ASSETS ...
AsiaInfo Services;
July 31, 2009 ;
359 words
...AsiaInfo Services 07-31-2009 Bright Food Kicks off New Round of Assets Integration ... Daily Business Beat via COMTEX) -- Bright Food Group is undergoing a new round of internal ... SHSE: 600708), another branch of Bright Food Group, is the buyer, according to ...
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