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Yashili plans listing

http://www.toocle.com/ 2010-08-09 09:13:17 Global Times

  Yashili Group, a Chinese infant baby food maker, in which global private equity fund Carlyle Group owns a 17.3 percent stake, plans to go public later this year, the Wall Street Journal said.

  The IPO from Yashili will test investor confidence in China's infant formula industry, still recovering from a food-safety scandal in 2008.

  Reuters - Global Times