KKR to invest $100 mln in China's Mengniu Modern dairy-source

Mon Dec 1, 2008 7:56am EST
 
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HONG KONG, Dec 1 (Reuters) - Private equity firm KKR is expected to invest $100 million in China's Mengniu Modern dairy, a source familiar with the matter said on Monday.

The source added that another $150 million from other investors may be forthcoming to boost capital for the company.

KKR declined to comment.

(Writing by David Cowell, +44 207 542 6486)

 

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