Shares in four dairy plants within the country, as well as 169 protected trademarks belonging to the group, are thought to be up for grabs at the sale-taking place in China's Hebei Province, reports the Xinhua state news agency.
New Zealand-based Fonterra, which was one of the joint venture’s parent companies, announced back on 24 December last year that a bankruptcy order had been issued by a Chinese court against Sanlu.
