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Aggregated China Business Blogs
Hershey Acquires Shanghai Golden Monkey For $577M
Aggregated Source: China Money Network
U.S. chocolate maker The Hershey Company says it has completed the initial closing and acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co., Ltd., a privately held confectionery company based in Shanghai, for RMB2.42 billion (US$394 million), according to a company announcement. Hershey will acquire the remaining 20% at around one year […]


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