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China's Mengniu adds another deal with offer for Carlyle's Yashili
date:Jun 19, 2013
also the second time since May that a U.S. private equity firm has exited a lucrative investment in a Chinese milk company.

Mengniu is offering HK$3.50 in cash to Yashili's shareholders, which includes the Carlyle Group and Yashili's chairman. The buyer is offering a second option of HK2.82 in cash per share and 0.681 per share in a Mengniu-backed acquisition holding company, according to a statement to the Hong Kong stock exchange.

For Mengniu, which also recently announced an investment by

12/22 11:40