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New Deal


Announced

CPF acquired Canadian pork producer HyLife for $372m.

Financials

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Transaction Value£286m
Consideration Type-
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Majority

Private

pork industry

Acquisition

Farming Fishing Ranching and Plantations

Pending

Single Bidder

Private Equity

Synopsis

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Charoen Pokphand Foods, Thailand’s largest agriculture conglomerate, acquired Canadian pork producer HyLife Investments for C$498m ($372.7m) to expand its North American business. The acquisition would make CPF a 50.1 percent owner of HyLife, with the remainder held by its Japanese partner, Itochu, CPF said in a statement. CPF said the investment would give it access to a pork production base and opportunity to expand in North America and premium markets such as Japan.

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