KKR agrees to buy 18 pct of China chicken firm for $400 mln
date:Aug 27, 2014
Kong. Large-scale farms produce 95 percent of chicken in the United States, but only 30 percent in China.

Buyout firms such as KKR, Carlyle Group and Olympus Capital have become regular investors in China's food chain, employing Western technology and supply chain management to address the country's food safety scares.

KFC parent Yum Brands Inc, McDonald's Corp, Wal-Mart Stores Inc and Fonterra Co-operative Group Ltd have all suffered recently - and such incidents can seriously dent sales.

R
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