CPF buys Russian pork firm | Bangkok Post: business

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CPF buys Russian pork firm

B3.15bn deal clinches Kaliningrad producer

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Charoen Pokphand Foods Plc (CPF), the SET-listed flagship of the CP Group, will pay 3.15 billion baht for a 83% stake in Russia Baltic Pork Invest ASA (RBPI), a large-scale grain and pork producer in Russia's Kaliningrad region. 

Adirek: Deal will diversify risks

Under the deal worth 76.8 million euros, CPF Investment Limited (CPFI), a subsidiary of CPF, will purchase the shares from Capman Russian Fund L.P in the third quarter of this year.

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