Ausnutria: Westland Milk acquires 60% of Ausnutria's baby formula venture stake

NEW ZEALAND - Westland Milk has acquired 60% of shares worth US$19 million from Hong Kong-listed infant formula business Ausnutria according to a stock exchange filing with the Asian bourse. According to a filing from Ausnutria, Westland Milk, owned since 2019 by China's largest dairy company, Inner Mongolia Yili Industrial Group (Yili), will now become the...