KKR investing $100 million in Chinese dairy

12/2/2008 | Wall Street Journal, The

Private-equity firm Kohlberg Kravis Roberts & Co. is investing about $100 million in Mengniu Modern Animal Husbandry, a company with big expansion plans aimed at offering an alternative to the small farms that provide much of China's milk. KKR is investing as part of a consortium that includes China Mengniu Dairy Co., the country's top milk producer.

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