Etika selling dairies and packaging business

Asahi Group's S'pore unit to pay US$328.79m in proposed deal

Fri, Apr 11, 2014 - 6:00 AM

FOOD company Etika International Holdings has struck a deal for the proposed disposal of its dairies and packaging business and the relevant intellectual property to Asahi Group Holdings Southeast Asia for US$328.79 million in cash.

The buyer is the Singapore subsidiary of Asahi Group

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