Yili Becomes the Largest Shareholder of Ausnutria

The biggest M&A case in the Chinese dairy industry in recent years was announced. Yili, the largest dairy giant in Asia with the highest market value, has strategically taken a stake in goat milk powder giant Ausnutria and become its largest shareholder by holding 34.33% of Ausnutria’s issued share capital. The resources and strength behind the two companies are enough to restructure the entire industry. After the integration of both parties’ advantageous resources, Yili will further open up the nutrition track in the market. (Source: baijiahao)