China's Bright Food gets nod to buy 50% stake in NZ's largest meat processor in $191m deal

China's Bright Food gets nod to buy 50% stake in NZ's largest meat processor in $191m deal

New Zealand approved on Tuesday the sale of a 50 percent stake in the country’s largest meat processor Silver Fern Farms to a unit of China’s Bright Food Group, enhancing the South Island-based company’s access into the Chinese market.

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