Temasek buys stake in China Mengniu Dairy's unit

South China Morning Post, 11 Nov 2013
Singapore state investor Temasek and China-focused private equity firm Hopu were among five investors buying a US$213 million stake in Yashili International after parent China Mengniu Dairy sold down shares to meet Hong Kong listing requirements.
Temasek, through one of its Mauritius subsidiaries, Hopu and three individual investors agreed to buy 471.13 million shares of Yashili from Mengniu for HK$3.50 each, putting the total deal at HK$1.65 billion, the dairy companies said in a securities filing on Monday. Full story

  1. 2008 Chinese milk scandal - Wikipedia
  2. China's Mengniu discovers tainted milk - China Economic Review
  3. Tainted Mengniu Milk Products Caused by Mildewed Feed, Regulator Says - Bloomberg
  4. CHINA: Mengniu embroiled in new tainted milk scandal -
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