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New Deal


Announced

Meiji agreed to acquire a 25% stake in AustAsia Investment Holdings from Japfa for $254m

Financials

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Transaction Value£202m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA1.66x
Share Price Premium-
One Off Charge-

Tags

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Food Products

Acquisition

Friendly

Single Bidder

Private

diary farms

Minority

Pending

Singapore

Private Equity

Synopsis

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Meiji, a food company, agreed to acquire a 25% stake in AustAsia Investment Holdings, a dairy farm operator, from Japfa, a Singapore-based agri-food company, for $254m. Meiji aims to improve its long-term corporate value by establishing growth foundation in the overseas market. This acquisition will strengthen the value chain from raw milk procurement to finished product operation and establish a sustainable growth base in China.

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