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Sanyuan Plans to Pay Another 110 Mln Yuan for Sanlu Assets

03-03 17:42 Caijing



» Beijing Sanyuan Food Co. plans to pay another 110 million yuan to acquire defunct dairy producer Sanlu's 182,000 square meters of land.

» Sanyuan Food earlier announced that it will bid for Sanlu's 726 million yuan assets, including its plant facilities and investment interests.

» Sanlu's assets will be sold publicly on March 4 in Shijiazhuang.

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