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Bright Food to make Weetabix best-known in Asia
date:Nov 07, 2012
en better.

The transaction does not mark the first time that Bright Food has expanded overseas.

In October 2010, Bright Dairy, Bright Food's subsidiary, spent 382 million yuan ($61 million) on a 51 percent share of the New Zealand milk powder producer Synlait Milk Ltd. In August 2011, Bright Dairy bought a 75 percent stake in the Australian company Manassen Foods.

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