Announced
Financials
Tags
Acquisition
dairy consumer products
Food Products
Cross Border
Singapore
Private
Friendly
Private Equity
Pending
Majority
Single Bidder
Synopsis
Private equity firms TPG and Northstar Group agreed to acquire an 80% stake in a Singapore-based food company Japfa's dairy unit for $236m. The partnership will help drive Japfa's dairy business in Southeast Asia, where demand for products such as milk and yogurt is expected to grow in the next few years.
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