Hong Kong, July 28, 2015 -- Moody's Investors Service says that the proposed sale by Danone (Baa1 stable) of its infant milk formula business to Yashili (unrated), and the proposed share subscription by Danone to China Mengniu Dairy Company Limited through COFCO Dairy Investments Limited (CDI) (unrated), have no immediate rating impact on Mengniu's issuer and senior unsecured ratings.
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