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Announced

Ping An Capital to acquire a 51% stake in Junlebao for $568m.

Financials

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Transaction Value£442m
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Majority

Single Bidder

Food Products

dairy products

food products

Hong Kong

Private Equity

Pending

China

Private

Synopsis

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Private equity firms, Ping An Capital, Primavera Capital Group, and Junqian Management, are set to acquire a 51% stake in Junlebao, a dairy product maker for $568m. “We are optimistic about the long-term growth of the Chinese dairy market. Changes in the dairy industry are in favor of the future development of Junlebao,” Tian Tuo, Ping An Capital Managing Director.

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