Singapore’s Japfa sells stake in China dairy business to Meiji for $254.4m

Singapore’s Japfa sells stake in China dairy business to Meiji for $254.4m

Photo by Stijn te Strake on Unsplash

Singapore-headquartered agri-food company Japfa Ltd is selling a 25 per cent stake in its dairy farming business in China to Japanese firm Meiji Co Ltd for $254.4 million, according to an announcement.

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