
Unison Capital, CJ Cheiljedang food additives bid fails
Unison Capital and CJ Cheiljedang Corp. have failed in their joint bid for Hayashibara, a Japanese food additives manufacturer. CJ Cheiljedang said in a statement to the Korea Stock Exchange that it had not been chosen as a preferred bidder.
Mid-tier Japanese trading firm Nagase & Co. is poised to buy Hayashibara for around JPY80 billion ($1 billion), several people familiar with the situation told Reuters. In addition to the Unison and CJ...
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