Separate final bids have been placed by the US private equity firms Blackstone and TPG Capital as well as a consortium led by Chinese agribusiness company New Hope to acquire Australia's leading poultry processor Inghams Enterprises.
The value of the bids for the privately owned company could be about A$800m ($821m), reported Reuters citing sources familiar with the matter.
TPG Capital has made the highest bid, the sources added.
Blackstone and TPG Capital have submitted the bids backed by bank financing. Blackstone is lining up funding from American markets, while TPG made the bid using using a consortium of commercial banks.
In November 2012, New Hope and Blackstone entered into the final round of bidding for the Australian poultry processor.
Ingham's only shareholder Bob Ingham put the business up for sale in July 2012, and appointed Investec Bank to assess the divestment.
Inghams, which owns the Ingham Chicken brand, produces chicken and poultry products and operates across Australia and New Zealand. The company expects its earnings before interest, tax, depreciation, and amortization for 2013 to be A$200m ($204.25m).
New Hope is a leading supplier of meat, egg and dairy products in China, with annual revenues of $8.8bn.
