Charoen Pokphand Foods' (CPF) subsidiary CPF Investment has agreed to acquire Westbridge Food Group (WFGL) for approximately THB2.6bn (£60m). WFGL is a UK-based company expertizes lie in sales of meat and ready-made products to ...
Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...
Tags: Six-Company, Implementing SEZ
Charoen Pokphand Foods (CP Foods) is reportedly planning to build a new shrimp processing plant in India. The proposed shrimp facility will be built in proximity to the company's farms in the southern state of Andhra Pradesh. CP Foods ...
Tags: Shrimp Processing Plan, CP Foods
Thailand's meat producer Charoen Pokphand Foods (CP Foods) in 2015 is set to invest up to $763m to expand in foreign markets. i The company will spend THB20-25bn ($611-763m) this year, primarily on overseas expansion and ...
Tags: CP Foods, economy, businesses
Japanese trading company Itochu has decided to sell its stake in China Foods Investment (CFI) in an effort to make a $10.4bn investment in Chinese state-owned firm Citic. The company will now sell its 74.1% shares in Chinese food unit ...
Tags: Foods Investment, CFI
Chinese and Thai venture SAIC Motor-CP will manufacture MG brand eco-cars at a new plant to be built in Thailand next year. Having obtained regulatory approvals earlier this week, the project will witness an investment of Thb30bn in the ...
Thai food manufacturer CP Foods UK has invested £4M in a new food factory in Newmarket that has created 100 jobs. CP Foods is investing £4M in a new Newmarket food factory Production at the Fordham Road site will be ...
Tags: Agriculture, Food
Thai food manufacturer Charoen Pokphand Foods (CPF) plans to acquire 83% stake in Russia Baltic Pork Invest (RBPI) from Capman Russian Fund in a deal estimated to be worth THB3.15bn ($101.2m). RBPI is a large-scale grain and pork producer ...
Tags: Pokphand Foods, Food
The China Insurance Regulatory Commission (CIRC) has given its approval to the sale of HSBC’s remaining $7.4bn stake in Ping An Insurance to Charoen Pokphand Group (CP Group) in Thailand. CP Group's indirect wholly-owned ...
Thai food manufacturer Charoen Pokphand Foods (CPF) is to acquire China meat and ready-to-eat foods producer Chia Tai Food Enterprise in a deal worth THB483m (US$15.8m). In a filing to the Thailand stock exchange, the company said the ...
Tags: Charoen Pokphand, meat, Chia Tai Food Enterprise, acquisition
HSBC Insurance and HSBC Asia Pacific have agreed to dispose of their entire 15.57% shareholding in Ping An Insurance (Group) Company of China to Thailand's Charoen Pokphand (CP) group for HK$72.7bn ($9.38bn). Under terms of the deal, CP ...
Tags: HSBC, Ping An Insurance, insurance, dispose
UK-based HSBC Holdings PLC is likely to dispose of its 15.6% interest in China’s Ping An Insurance. Undisclosed sources were cited by a Chinese-language Hong Kong Economic Journal as saying that Thai businessman Dhanin Chearavanont ...
Tags: PLC, interest, Ping An Insurance, insurance