The transaction to acquire 100% equity interest in Qinhuangdao, China-based Chia Tai Food Enterprise was made through CP China Investment (CPCI), a wholly owned subsidiary of CPP, according to the reports.
Chia Tai Food Enterprise is being sold by Chia Tai Food Investment (CTFI), itself a subsidiary of the Charoen Pokphand Group (CPG), which is a major shareholder of CPF.
Source: FIS
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