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US investor KKR gets green light to sell $110m stake in Chinese aquafeed maker

The share sale option follows a more than 50% drop in Yuehai Feed's share price since its peak in March of last year

By Lewis Hu and Louis Harkell | June 7, 2023 14:57 BST
Guangdong Yuehai Feed Group executives. Source: Yuehai Feed's Wechat page
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US investment group Kohlberg Kravis Roberts & Co (KKR) has been approved to sell its CNY 787 million ($110.8m) stake in Chinese aquafeed manufacturer Guangdong Yuehai Feed Group. [...]

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Contact the authors [email protected], [email protected]

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