Vietnam Dairy Products JSC, Southeast Asia’s biggest milk producer by market value, is in talks to buy another U.S. company as it accelerates acquisitions to expand globally and drive revenue. is the most difficult market,” Lien said at her office in Ho Chi Minh City. The market hasn’t expanded as rapidly as Vinamilk anticipated when it set the revenue goal a few years ago, Lien said. Boosting M&AThe company is also looking for opportunities outside the U.S to achieve its sales target, Lien said. The dairy company in July received approval from the State Securities Commission to remove the 49 percent foreign ownership limit on its stocks.

Source: Thanhnien News September 09, 2016 12:56 UTC