TITLE

Sequoia Chases Dairy Maker

AUTHOR(S)
Davis, Avram
PUB. DATE
August 2009
SOURCE
Mergers & Acquisitions Report;8/17/2009, Vol. 22 Issue 33, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article announces the agreement of Menlo Park, California-based venture capital firm Sequoia Capital to invest 63 million U.S. dollars into the Chinese dairy producer American Dairy Inc. American Dairy reported greater than expected second quarter revenue decline in July 2007, which resulted to decreased stock value. It relates the growth plans of American Dairy and the investments made by Sequoia in China and India.
ACCESSION #
44148352

 

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