皇冠体育app

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Most costly takeover boosts 皇冠体育app's dairy restructuring

Updated: 2013-06-20 09:37
( Xinhua)

In 2012, testers passed all but 0.77 percent of Chinese baby milk products as qualified for sale, while 1.13 percent of foreign brands failed to reach the standard, according to examinations by 皇冠体育app's General Administration of Quality Supervision, Inspection and Quarantine.

Sun Yiping, president of Mengniu, described Tuesday's deal as a win-win takeover of Yashili that will provide better and safer dairy products.

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