18 January 2019

Feihe Dairy may buy goat milk maker Guanshan, paper says

The dairy unit of Feihe International, Inc. is planning to buy Shaanxi-based goat milk firm Guanshan Dairy, National Business Daily reported Wednesday, citing several business insiders. A Feihe Dairy spokesman refused to comment but an unnamed Guanshan source said there will be a cooperation agreement instead of an acquisition deal. A Feihe executive said last month that the company might enter the booming domestic goat milk market, the report noted.

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