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Asia drives seafood M&A

CP Foods sells 25% in subsidiary to Itochu as part of billion dollar alliance

Thai shrimp, feed producer to sell 25% in CP Pokphand to Japan’s third-largest trading house, while Charoen Pokphand Group will acquire 4.3% stake in Itochu, worth $1bn

By Undercurrent News | July 24, 2014 08:07 BST
CP Foods
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Thai shrimp and feed producer Charoen Pokphand Foods has agreed to sell 25% in one of its subsidiaries to Itochu, Japan’s third-largest trading house and one of the world's three big skipjack traders [...]

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