A consortium led by banking giant Goldman Sachs has reportedly tabled an offer worth almost US$820m to take full control of China’s biggest meat processor.
Rotary Vortex, in which Goldman owns 51% a stake, has bid CNY6.3bn (US$819m) to buy 39.29% in Henan Shuanghui Investment & Development Co.
A Reuters report said the offer was a premium of some 73% of Rotary’s initial bid last year.
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