May 26, 2017 / 12:20 AM / 2 months ago

BRIEF-China Agri-Industries announces acquisition of Cofco Fortune Food Sales & Distribution

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May 26 (Reuters) - China Agri-industries Holdings Ltd

* Cofco Fortune Holdings Limited entered into agreement with Cofco Food Sales & Distribution

* Consideration for acquisition is RMB1,050 million which will be paid by way of cash

* Upon completion, China Foods and its subsidiaries will no longer engage in target business Source text for Eikon: Further company coverage:

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