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KKR-led consortium to acquire 70% stake in Chinese pork company

2014-06-06 01:00:00| Food Processing Technology

A consortium of investors comprising KKR, Baring Private Equity Asia, HOPU and Boyu have agreed to invest around $270m for a 70% stake in integrated pork company COFCO Meat, a subsidiary of Chinas state-run COFCO Group.

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