China Modern Dairy Delays Circular for Shengmu Organic Milk Share Purchase

Reuters
2025.12.15 10:41
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China Modern Dairy Holdings Ltd. has delayed the despatch of its circular for the proposed acquisition of shares in China Shengmu Organic Milk Limited. The transaction involves conditional agreements and a possible mandatory cash offer for all issued shares not owned. The offer depends on the completion of the share purchase agreement, subject to certain conditions. Further updates will be provided upon completion.