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Champ PE To Get $636M For Manassen

Champ Private Equity is planning to sell its stake in Manassen Foods Australia to Chinese retailer Bright Food Group.

    Champ Private Equity is planning to sell its stake in Manassen Foods Australia to Chinese retailer Bright Food Group,The Wall Street Journal报告。私人股本公司将得到一个总数of around $636 million from the sale.

    The seller may also start an initial public offering (IPO) for Manassen. The company, which owns Sunbeam and Angus Park dried fruits and Margaret River Dairy, was acquired by CHAMP in 2006, addsReuters.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

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