China Modern Dairy Moves Forward With Cash Offer for China Shengmu Organic Milk Shares

Reuters
2025.11.10 12:52
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China Modern Dairy Holdings Ltd. plans to acquire all outstanding shares of China Shengmu Organic Milk Limited through a cash offer facilitated by CLSA Limited. The offer is contingent on completing specific share purchase agreements with certain conditions. An independent board committee and financial adviser have been appointed to oversee the process, with further developments hinging on the fulfillment or waiver of these conditions.

China Modern Dairy Holdings Ltd. has indicated its intention to acquire all issued shares of China Shengmu Organic Milk Limited that it does not already own or has agreed to acquire, through a possible cash offer to be made by CLSA Limited on its behalf. The offer is conditional upon the completion of certain share purchase agreements, which are subject to specified conditions precedent. An independent board committee has been established and an independent financial adviser appointed to advise on the matter. Further developments will depend on the fulfillment or waiver of these conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Shengmu Organic Milk Ltd. published the original content used to generate this news brief on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here