Core Viewpoint - Modern Dairy (01117) is acquiring approximately 1.28% of China Shengmu's shares for HKD 37.52 million, triggering a mandatory offer to purchase the remaining shares at HKD 0.35 per share, totaling up to HKD 2.016 billion, which is seen as a consolidation of upstream resources by Mengniu [1] Group 1: Acquisition Details - Modern Dairy's shareholding in China Shengmu will increase from 29.99% to over 30% following the acquisition [1] - The total maximum price for the remaining shares is approximately HKD 2.016 billion [1] Group 2: Strategic Implications - The merger is expected to create a "strong alliance" between Modern Dairy and China Shengmu [1] - The combined herd size is projected to exceed 610,000 heads, with annual raw milk production anticipated to surpass 4 million tons, positioning the company among the global leaders in the dairy farming sector [1] Group 3: Operational Benefits - The scale effect from the merger is expected to significantly enhance bargaining power in the procurement of bulk materials like feed, effectively reducing unit production costs and solidifying cost advantages in the industry [1]
现代牧业午前涨近5% 公司收购中国圣牧触发全面要约 最高总价超20亿港元