06.06.2007, 09:10
Wimm-BILL-Dann Increases shareholding in Obninsk Dairy Factoty to 96.45%
OREANDA-NEWS. June 6, 2007. Wimm-Bill-Dann Foods OJSC [NYSE: WBD], a leading Russian producer of healthy food products, today announced an increase in its shareholding in Obninsk Dairy Factory OJSC to 96.45% of its charter capital from the previous level of 66.33%. The factory is the largest milk-processing enterprise in Russia’s Kaluga region. The move is in line with Wimm-Bill-Dann’s strategy of acquiring successful, market-leading companies.
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