China reportedly advances bid for U.S. organic yogurt giant Stonyfield

China reportedly advances bid for U.S. organic yogurt giant Stonyfield

China reportedly advances bid for U.S. organic yogurt giant StonyfieldPublished: May 10, 2017 6:53 a.m. ET

Besides Yili, Dean Foods is still in the hunt to buy Danone-owned Stonyfield, sources told New York Post

China’s largest dairy is in talks to buy America’s No. 1 organic yogurt company, Stonyfield Farm, the New York Post has learned.

Yili Industrial Group Co. has bid around $850 million to buy the Danone-owned BN, +0.15%   Stonyfield and is now considered a favorite in the auction, two sources close to the process told The Post……….

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China reportedly advances bid for U.S. organic yogurt giant Stonyfield

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