ARC Capital has sold its stake in Ningxia Xiajin Dairy, the largest manufacturer of dairy products in Ningxia province, for $30m – 1.7x the price ARC paid for it but just 80% of its estimated value at 30 September 2013.
ARC Capital has sold its stake in Ningxia Xiajin Dairy, the largest manufacturer of dairy products in Ningxia province, for $30m – 1.7x the price ARC paid for it but just 80% of its estimated value at 30 September 2013.