Lunar buys Chinese beef company
The Shanghai-based firm will pay $50m for Yonghong, a supplier of processed beef products, at a time when China’s food industry is mistrusted due to food safety scares.
20 September 2013•2 mins read
The Shanghai-based firm will pay $50m for Yonghong, a supplier of processed beef products, at a time when China’s food industry is mistrusted due to food safety scares.
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