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Cofco seeking bank proposals for possible restructuring: sources
Published Mon, May 18, 2015 · 09:50 PM
Hong Kong
COFCO Corp, China's largest food company, has invited investment banks to submit proposals for a possible group restructuring, people with knowledge of the matter said.
The Beijing-based firm, which controls eight listed companies, will consider combining units and selling peripheral businesses to improve profitability, according to the people.
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