China-based milk powder and dairy products manufacturer Feihe International has entered into an agreement to go private, after a group led by chairman and chief executive officer You-Bin Leng agreed to acquire the company for $146m. Under the terms of the deal the group, which includes Diamond...
milk. Dairy Products and Nutritional Supplements Products segment is mainly engaged in the manufacture and sale of dairy products and sale of nutritional supplements. The Company's main products include infant milk formula products, adult milk powder, liquid milk, rice powder supplement products and ...
BEIJINGandLOS ANGELES,August 4, 2011/PRNewswire-Asia-FirstCall/ --Feihe International, Inc.(NYSE: ADY; "Feihe International" or the "Company") (formerly known as American Dairy, Inc.), one of the leading producers and distributors of premium infant formula, milk pow...
GMT has doubts about the authenticity of the company's funds and is concerned that the baby milk powder maker might use a portion of its income from its initial public offering last week to pay the huge amount of dividends owed to its shareholders before the listing. GMT has advised investor...