KKR milks Mengniu’s fear of food safety scares

The private equity firm’s sale of its China Modern Dairy stake is nicely timed as it raises funds. But for buyer Mengnui the deal poses considerable integration risk.
January 05, 2017

China Mengniu Dairy is on a mission to clean up its safety record after a series of food scandals. So when a chance came along to raise its stake in a key milk supplier, it wasn’t going to say no.

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