Danone to Acquire 100% Stake of Dumex Baby Food

Danone unveiled that it agreed to sell to Mengniu the 25% stake the company holds in Yashili and the 20% stake it holds zinc glycinate 10mgin the Inner Mongolia Dairy Joint Venture. In parallel, Danone will acquire from Yashili 100% of Dumex Baby Fhow much is neolife chelated zincood Co Ltd, a Chinese manufacturer of Infant Milk Formula products.The proposed transactions are not required to close simultaneously. Subject to the satisfaction or waiver of the conditions of each of the proposed transactions, it is expected that the earliest closing could take place this year. Further announcements on the satisfaction or, where applicable, waquand prendre zinc bisglycinateiver of conditions of the proposed transactions will be made in accordance with the Listing Rules and the Takeovers Code of Hong Kong.Danone unveizinc gluconate usesled that it agreed to sell to Mengniu the 25% stake the company holds in Yashili and the 20% stake it holds in the Inner Mongolia Dairy Joint Venture. In parallel, Danone will acquire from Yashili 100% of what does zinc glycinate do for youDumex Baby Food Co Ltd, a Chinese manufacturer of Infant Milk Formula products.The completion of these transactions will lead to the conclusion of the partnership Danone held with Mengniu over the last few years, following the disposal of Danone’s 9.8% minority stake in Mengniu in 2021.