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On November 12, it was seen from the “List of Unconditional Approval of Operator Concentration Cases” disclosed by the Market Supervision Administration that the case of Yihai Kerry Arowana Food Group Co., Ltd.'s acquisition of shares in Hebei Maly Foods Co., Ltd. was completed on October 20. Interface News sought evidence from Yihai Kerry. The other party replied that the joint venture's acquisition of British Union Marley's Hebei factory had already passed the national antitrust review and could proceed legally. The joint venture mentioned above refers to Yihai Kerry British Union Marley Investment Co., Ltd., which was founded in 2020. Its main business includes British Marley's yeast and baking ingredients business in China. Currently, it has 6 subsidiaries. Currently, some of Arowana's home-packaged yeast products are produced by the joint venture.
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On November 12, it was seen from the “List of Unconditional Approval of Operator Concentration Cases” disclosed by the Market Supervision Administration that the case of Yihai Kerry Arowana Food Group Co., Ltd.'s acquisition of shares in Hebei Maly Foods Co., Ltd. was completed on October 20. Interface News sought evidence from Yihai Kerry. The other party replied that the joint venture's acquisition of British Union Marley's Hebei factory had already passed the national antitrust review and could proceed legally. The joint venture mentioned above refers to Yihai Kerry British Union Marley Investment Co., Ltd., which was founded in 2020. Its main business includes British Marley's yeast and baking ingredients business in China. Currently, it has 6 subsidiaries. Currently, some of Arowana's home-packaged yeast products are produced by the joint venture.
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