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CPF’s purchase of HyLife aims to improve its product portfolio for the Chinese market and expand its U.S. presence.  Photo: Thinkstock

Thai CPF to acquire Canadian pork producer HyLife for $372 million

Bangkok | Reuters – Charoen Pokphand Foods Pcl (CPF), Thailand’s largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million ($372.7 million) to expand its North American business. The acquisition would make CPF a 50.1 percent owner of HyLife, with the remainder held by its Japanese partner, Itochu […] Read more