U.S. Bain Capital to acquire stake in CJ CheilJedang’s unit for $320 million: Reuters

South Korean food giant CJ CheilJedang Corp said on Thursday that U.S. private equity fund Bain Capital had agreed to acquire a 27% stake its U.S. unit CJ Foods America for $320 million.

Bain would become a financial investor for CJ’s recent acquisition of U.S. frozen foods firm Schwan’s Co for $1.84 billion, CJ said in a regulatory filing.

Source: https://www.pehub.com/2019/05/u-s-bain-capital-to-acquire-stake-in-cj-cheiljedangs-unit-for-320-million-reuters/

Powered by WPeMatico