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Announced

Investcorp to acquire a majority stake in Viz Branz.

Synopsis

Investcorp, a global manager of alternative investment products, for private and institutional clients, agreed to acquire a majority stake in Viz Branz, a Singapore-based instant cereal and beverage maker. Financial terms were not disclosed. “We have worked tirelessly at Viz Branz to make nutritional and quality food and beverages available and convenient for all families. Joining forces with Investcorp, China Resources and Fung Investments, is an important milestone in our evolution and will unlock significant opportunities for our business. Through our new partnership, Viz Branz will have access to additional resources and expertise that we believe will accelerate our growth plans and enable us to flourish for many years to come," Ben Chng, Viz Branz CEO.

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