Hutchison China MediTech Forms Infant Nutrition JV with Hain
May 26, 2011 at 09:26 AM EDT
Hutchison China MediTech formally announced it is forming a JV with Hain Celestial Group that will enter the Chinese infant-formula milk powder market. The goal is a premium-priced, organic product; Hain is a US¬-based producer of natural and organic food products. The project has been in the works for two years: the JV was originally announced in 2009. More details.... Stock Symbols: (AIM: CHM) (NSDQ: HAIN) Share this with colleagues: var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});