Cargill is selling its $48.8 million poultry farm and processing plant in Anhui province to DCP Capital, a Beijing-based private equity firm with Singapore s GIC and Temasek as investors, and the Canadian pension fund CDPQ
BEIJING (Reuters) - U.S. agribusiness giant Cargill said it is selling its poultry business in China to private equity firm DCP Capital, exiting a Chinese meat market that has become increasingly challenging, especially for foreign players. | 12:05pm
The Minnesota-based ag and food giant has agreed to sell Cargill Protein China to a private equity firm in Beijing amid broader challenges to the meat industry there.
HONG KONG - China's meat trade on Friday (Dec 30) cheered the imminent end of testing and disinfecting chilled and frozen foods for Covid-19, more than two years after Beijing started the controversial practice, adding substantial costs to the trade. The State Administration for Market Regulation will stop testing chilled and frozen foods for Covid-19 from Jan 8, according to.
HONG KONG: China s meat trade on Friday cheered the imminent end of testing and disinfecting chilled and frozen foods for COVID 19, more than two year.