January 09, 2013 at 07:01 AM EST
Guangdong Dahuanong Animal Health Buys Majority Stake in Competitor
Guangdong Dahuanong Animal Health Products will purchase a 60% stake in Foshan Standard Bio-tech Co., Ltd., a fellow veterinary products company, paying 158 million RMB ($25.4 million). Dahuanong said the acquisition would add products to its portfolio, especially a chicken coccidiosis vaccine. Foshan Standard makes pharmaceutical preparations and feed additives, as does Dahuanong. More details.... Stock Symbol: (SHE: 300186) Share this with colleagues: // //  
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