Thai-listed CP Foods picks stakes in two Chinese firms for $125m

Thai-listed CP Foods picks stakes in two Chinese firms for $125m

Visual from CPF website

Thailand listed food and agricultural products manufacturer Charoen Pokphand Foods Pcl (CP Foods) is acquiring 30 per cent stake in China’s Banner Infant Dairy Products Co Ltd and a 12 per cent interest in Qingdao Yi Bang for 4.4 billion baht (about $125 million).

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