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Wahaha may buy Sanlu dairy assets
Published on: 2009-04-10
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Chinese beverage maker Hangzhou Wahaha Group is considering buying dairy assets from Sanlu Group, the milk-maker at the heart of a scandal over products tainted with an industrial chemical, reports said on Monday. Wahaha spokesman Shan Qining said he could not confirm the reports. "This could only be decided by our president, Zong Qinghou, but he is out of town on a business trip," Shan said when contacted by phone. The Beijing Daily and other state-run newspapers cited Zong as saying that Wahaha had already contacted Sanlu about a possible acquisition. "We are considering buying Sanlu," the reports quoted Zong as saying.
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