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2 dairies set to snap up Sanlu

By Tuo Yannan | China Daily | Updated: 2008-11-06 07:49

The long-drawn takeover of troubled dairy firm Sanlu will see two contenders splitting the Hebei province-based company's assets between themselves.

Beijing's Sanyuan is set to acquire seven milk production facilities in Hebei province, while Heilongjiang province-based Wondersun is expected to buy Sanlu's factory in the northeastern region, the 21st Century Business Herald reported.

None of three dairies could be reached for comment.

2 dairies set to snap up Sanlu

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