Vinamilk raises dairy market share with Moc Chau Milk acquisition

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Vietnam Dairy Products JSC (Vinamilk) has raised its stake in GNTFoods JSC from 43.17% to 75%. The acquisition allows Vinamilk to own Moc Chau Dairy Cattle Breeding JSC (Moc Chau Milk) - a milk production unit of GTNFoods. Vinamilk spent about USD 14.6 million on this deal. The acquisition will help...

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