Carlyle invests in Chinese milk power maker

This is a discussion on Carlyle invests in Chinese milk power maker within the China News forum, part of the Doing Business in China category; Carlyle Group, the US private equity fund, unveiled a substantial strategic investment in one of China's leading milk powder producers, ...

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Old Sep 20th, 2009, 12:40 AM   #1
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Default Carlyle invests in Chinese milk power maker

Carlyle Group, the US private equity fund, unveiled a substantial strategic investment in one of China's leading milk powder producers, underscoring rising foreign involvement in the sector.

The fund has taken a 17.3 per cent stake in Yashili, a family-owned company based in the southern province of Guangdong, which specialises in infant formula milk and is a top three national producer.

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