China Tells

The private equity group Carlyle is reported to acquire a 17.3% stake in Yashili Group for an undisclosed amount. Yashili is one of the biggest infant milk producers in China. China’s domestic dairy industry has been hit hard by the incidence of San Lu, in whose baby milk excessive quantity of melamine has been found and caused lethal illness to some of the babies. Carlyle’s move follows some of the other private equity firms to invest in China’s infant milk sector.

华尔街日报报道，卡莱尔私人投资公司购买了雅士利17.3%的股份。雅士利主要制造婴儿奶粉。中国的婴儿奶粉行业由于三鹿事件受到重创，因此现在可能是低价购入的好时机。

Original article can be found HERE.