One of the Chinese dairy giants, New Hope Dairy Holdings announced that it will acquire 60% equity of A Yogurt Cow, a domestic yogurt and tea brand; the acquisition value is estimated at 231 million RMB (US$35.67 million).
A Yogurt Cow is a widely popular yogurt tea brand among Chinese young people with more than 1,000 stores in southwest China, central China, east China, and southern China. Its WeChat official . . .
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