Economy

Thai Billionaire’s CP Foods To Buy Itochu’s Stake In CP Pokphand For $1.1 Billion

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Apr 22, 2025 - 06:00
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Thai Billionaire’s CP Foods To Buy Itochu’s Stake In CP Pokphand For $1.1 Billion
Upon completion of the transaction, CP Foods will own 100% of CP Pokphand, which will help boost CP Foods’ net profit and improve return on equity, the company said in a statement on Monday. 
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