ARTICLE | Company News
Tongjitang, Guiyang Liquor Factory deal
February 8, 2010 8:00 AM UTC
Tongjitang will form a JV with an undisclosed third party to acquire Guiyang for RMB120.6 million ($17.7 million) in cash. Tongjitang will own 95% of the JV. Guiyang markets three Chinese liquors to t...