China Daily): IN BRIEF (Page: 10, Date: 11/01/2005).

(From Chinadaily.com.cn (Was: China Daily))

SHANGHAI Danone increases stake French food giant Groupe Danone will raise its stake in Shanghai Bright Dairy, the Chinese company said yesterday.

Danone's Asia unit will buy 19.26 million shares, or 1.85 per cent of Bright Dairy, from Dazhong Transportation, for 72.21 million yuan (US$8.9 million). After the share purchase, Danone will hold 11.55 per cent of Bright Dairy, remaining as the third-largest share holder of the Shanghai-listed firm.

SUZHOU Light metal foundry opens Georg Fischer (GF) Automotive recently inaugurated its new light metal foundry valued at 10 million Swiss francs (US$7.8 million) …