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CVC acquires 100% stake in top homegrown biscuit maker Munchy

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A number of homegrown Malaysian companies have been sold to foreign major corporations and private equity firms in recent years. Japan's Asahi, which acquired...

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Yili launches ice cream manufacturing hub in Indonesia

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The Chinese dairy giant Yili has officially put into operation the initial phase of its production base in Indonesia. Yili Indonesia Dairy covers an...