American private equity fund KKR has now fully divested its interest in Masan Consumer Corporation after selling the remainder of its shares to parent Masan Group Corporation for an undisclosed price.
KKR has invested US$100m in China’s biggest aquatic feed manufacturer at a time when the consumer freshwater and seafood market is growing faster than other protein segments in the country.
Savola has reportedly teamed up with Singapore’s Temasek to make a joint bid for Americana, but the Kuwait food giant’s board denies knowledge of any bids.
Brazilian food giant BRF has denied it has joined a bid to buy Kuwait’s Americana, weeks after it bought a 75% stake in Al Yasra Foods, its Kuwaiti distributor, for US$160m.
Penfolds producer Treasury Wine Estates has welcomed a $3.15bn takeover proposal from private equity firms Rhone Capital and KKR and will let them to conduct due diligence on its books.
Australian processors should act quickly to formulate growth plans or exit strategies in order to capitalise on the increasing number of acquisition and divestment opportunities available in their sector, a new report by private equity advisory firm Grant...
Nestlé has announced it has sold its weight management business, Jenny Craig, in Australasia and North America to a US-based private equity group North Castle Partners.
Rumours persist that one of India’s leading bakery and condiments companies is looking to sell off the controlling stake in its biscuits business to private equity investors.
India is providing fertile ground for private equity and venture capital firms, judging by the high level of interest they have shown towards agri-business companies, which currently amounts to spending of US$126m over the first six months of 2013.
