ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Milk powder businesses sold to subsidiary

A consumer picks up milk powder at a store in Dalian, Liaoning Province.

DALIAN, China -- China Mengniu Dairy will transfer its two milk powder businesses to subsidiary Yashili International Holdings. The leading Chinese dairy producer is aiming to secure profit by improving its efficiency. Yashili is a major milk formula producer.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more