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BRIEF-Wilmar International acquires 50 pct stake in Three-A (Qinhuangdao) Food Industries Co
September 5, 2017 / 9:51 AM / 3 months ago

BRIEF-Wilmar International acquires 50 pct stake in Three-A (Qinhuangdao) Food Industries Co

Sept 5 (Reuters) - Wilmar International Limited:

* Acquisition of 50 pct of Three-A (Qinhuangdao)Food Industries Co. Ltd by Wilmar

* Deal for total cash consideration of RMB5 million

* Yihai Kerry Investments entered into a sale and purchase agreement with 3AFIM to acquire all of 3AFIM’s equity interest in 3AQFI​

* Purchase by YKI of 50 percent interest in 3AQFI from 3AFIM, when completed, will have no material impact on co’s financial position Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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