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Oct 01, 2021 02:57 PM (GMT+8) · EqualOcean
Cailian, October 1 (Xinhua) in response to media reports that Yili is considering acquiring Aoyou 11, a manufacturer of infant formula milk powder, Aoyou related people told Cailian today that they have noticed the relevant information. The company's information is subject to the disclosed announcement, and the company's production and operation are normal. Previously, some media said that Yili had been discussing financing matters with the bank on the acquisition of Aoyou, and the discussion was still ongoing. It was uncertain whether it would make a formal bid. Aoyou may also attract acquisition interest from other industry participants.