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New Deal


Announced

Sajo to acquire South Korean business from Ingredion.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

Domestic

Majority

Friendly

South Korea

Private

Single Bidder

food ingredients

Acquisition

Pending

Synopsis

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Sajo, a deep-sea fishing company, agreed to acquire South Korean business from Ingredion, provider of ingredient solutions to the food and beverage industry. Financial terms were not disclosed. “As we look forward in our business transformation, we will take actions to sharpen our customer focus and pursue global growth opportunities. We believe this transaction is an example of putting our strategy into action to unlock value and redeploy assets in pursuit of our growth roadmap to create value for shareholders," Jim Zallie, Ingredion President and CEO.

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