July 30, 2018 / 3:10 AM / 4 months ago

Two Chinese firms bid for NZ honey maker Manuka Health - source

HONG KONG, July 30 (Reuters) - Two Chinese firms have bid for New Zealand honey maker Manuka Health, pricing the firm around $300 million, a source with direct knowledge of the sale said on Monday.

The source declined to name the firms, however the Australian Financial Review newspaper reported Beijing-based private equity investor CDH Investments was a bidder.

CDH did not immediately respond to a request for comment, nor did a spokeswoman for Auckland-based Manuka Health. A spokesman for its owner, Australian private equity firm Pacific Equity Partners, had no immediate comment. (Reporting by Kane Wu in HONG KONG; Additional reporting and by Tom Westbrook in SYDNEY; Editing by Stephen Coates)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below