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RUSSIA: WBD linked with Multon stake

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The leading Russian dairy and juice group, Wimm-Bill-Dann Foods (WBD), is reportedly considering buying a stake in the country's second-largest juice producer, Multon.

Wimm-Bill-Dann has reportedly estimated Multon's business at US$150m and considered it to be undervalued.

St Petersburg-based Multon said that several companies had expressed interest in taking a stake in the company but there had been no detailed negotiations with any party.


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