The COFCO Group /

The COFCO Group /

The melamine-tainted baby formula scandal in 2008 led to a crisis across China's dairy industry and struck China dairy giant Mengniu heavily. The company stock took a nosedive; shares mortgaged to Morgan Stanley were greatly devalued, creating a large margin call. Consequently, a capital shortf...

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Bibliographic Details
Main Authors: McFarlan, F. Warren (Franklin Warren) (Author), Zheng, Xiaoming (Author), Zhao, Ziqian (Author)
Corporate Author: Sage Publications
Format: eBook
Language:English
Published: [London] : SAGE, 2016.
Series:SAGE knowledge. Cases.
Subjects:
Consolidation and merger of corporations > China > Case studies.
Strategic planning > China > Case studies.
Dairy products industry > China > Case studies.
Electronic books.
Online Access:Connect to the full text of this electronic book
Description
Summary:The melamine-tainted baby formula scandal in 2008 led to a crisis across China's dairy industry and struck China dairy giant Mengniu heavily. The company stock took a nosedive; shares mortgaged to Morgan Stanley were greatly devalued, creating a large margin call. Consequently, a capital shortfall arose as well as the risk of being taken over by a foreign firm. Additionally, in February 2009, Mengniu was hit by the OMP scandal, jeopardizing Mengniu's most profitable products. This case study discusses this topic.
Item Description:Originally Published in: McFarlan, F. W., Zheng, X., & Zhao, Z. (2013). The COFCO Group. 9-913-341. Beijing: Tsinghua SEM China Business Case Center.
Physical Description:1 online resource : illustrations (black and white, and colour).
ISBN:9781473962286 (ebook) :