--FILE--A passeggiate a piedi passato un annuncio di Mengniu Dairy Yichang, porcellane centrale provincia di Hubei, 15 luglio 2013. Il Inner-Mongolia-basato
--FILE--A pedestrian walks past an advertisement of Mengniu Dairy in Yichang, central Chinas Hubei province, 15 July 2013. The Inner-Mongolia-based China Mengniu Dairy, the nations largest seller of liquid milk, has acquired 3.197 billion shares of Yashili International Holdings, making it the companys biggest owner with 89.82% of the shares. Mengniu Dairy and Yashili, a Guangdong-based infant formula and soymilk products company, announced the transaction on Aug 15. Mengnius acquisition is the biggest one in Chinas dairy industry history, pegged at HK$10 billion (US$1.3 billion). Yashilis board of directors will also see heads rolling after the transaction. Zhang Lidian will stay as the companys CEO, while Mengnius Sun Yiping will become chairwoman. Other high level management positions that were held by members of the Zhang family who once owned Yashili will also be replaced by people from Mengniu.
