Did Nestle successfully acquire Yinlu?

Hello, Nestle, the world's largest food group, acquired 60% equity of Xiamen Yinlu Food Group Co., Ltd., a well-known private enterprise, which lasted for three months and finally came to the bottom. 20 1 1 On September 8th, 2008, Dick Wei, President of Nestle Greater China, and Chen Qingyuan, Chairman of Xiamen Yinlu Group, formally signed a contract at the China International Investment and Trade Fair on 15.

According to the agreement, Nestle and Yinlu Food Company, both affiliated to Xiamen Yinlu Group, increased their capital by 2.5 billion yuan, of which Nestle contributed 654.38+05 billion yuan and Yinlu Group contributed 654.38+00 billion yuan. In this way, Xiamen Yinlu Group transferred 60% equity of its subsidiary Yinlu Food Company to Nestle, and Nestle became the controlling party of Yinlu Food Company.

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