AAStocks Newswires was informed today that China Mengniu Dairy will merge and acquire Ashley International and shareholding percentage will be greater than 51%.
According to other media reports, the China‘s Ministry of Industry and Information Technology (MIIT) today convened a meeting of milk companies in Beijing . The MIIT official announces on-site that Mengniu Dairy has officially signed agreement with Ashley yesterday, and it will release the announcement at HKEx today.