Bloomberg
China Youran Dairy, PAG Seek Up to $799 Million in Hong Kong IPO
(Bloomberg) — China Youran Dairy Group Ltd., a Chinese dairy product maker, and its shareholder, private equity firm PAG, are seeking to raise as much as HK$6.2 billion ($799 million) in a Hong Kong initial public offering.The company and funds managed by PAG are selling 715.4 million shares at HK$6.98 to HK$8.66 each, according to the prospectus. It starts taking investor orders from Monday and the offer is expected to be priced on June 10. The stock is set to begin trading on June 18 in Hong
