Mivtach in talks with Bright Food on cooperating in Tnuva
date:May 26, 2014
Israeli investment group Mivtach Shamir Holdings is in talks with China's Bright Food Group Co on cooperating in the future as co-owners of Tnuva, Israel's biggest food company.

Last week state-owned Bright Food struck a deal to buy 56 percent of Tnuva from British private equity house Apax Partners in a deal that values the Israeli dairy company at $2.5 billion.

Mivtach, which owns 21 percent of Tnuva, said on Sunday it has two months to inform Bright Food whether it is staying in Tnuva or se
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