China's New Hope to build food processing factories over five years
date:Aug 27, 2014
on the mainland.

Major other overseas agricultural deals signed by mainland firms in the second quarter included Cofco's acquisition of 51% stake in Noble Group's agribusiness for $1.5bn in April.

Another firm Bright Food acquired 56% stake in Truva, Israel's largest food company, from Apax Partners in May.

Founded in 1996, New Hope has 36 factories in 16 countries, including Cambodia, Egypt, Indonesia, the Philippines, Poland and South Africa.
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