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Guangdong Wens Foodstuff closes Guangdong Dahuanong Animal Health Products buy

Guangdong Wens Foodstuff Group Co. Ltd. on Nov. 1 closed its acquisition of Guangdong Dahuanong Animal Health Products Co. Ltd. for a transaction value of 6.23 billion yuan (US$986.2 million).

The company offered 13.03 yuan per share for the stake.

China International Capital Corp. Ltd. was the financial adviser for Guangdong Wens Foodstuff, and Jiayuan Law and King & Wood Mallesons China were the legal advisers.

China Merchants Securities Co. Ltd. was the financial adviser for Guangdong Dahuanong Animal Health Products, while Goldsun Law Firm was the legal adviser.