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Companies / China

Tyson Wants Xinchang Group To Further Exploit Poultry Growth

July 2008 | Company News Alert

US meat processing major Tyson Foods has signed a framework agreement with China's Shandong Xinchang Group to acquire a 60% stake in the company for an undisclosed sum. The acquisition - Tyson's second in China in just six months - will enhance the company's footprint in a poultry market experiencing rapid growth on the back of sustained economic development and a fast-growing middle

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