Ting Hsin Group completes stake sale to ITOCHU

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    Chinese processed food company Ting Hsin Group has completed the sale of a 20% stake to Japanese trading house ITOCHU Corporation.The US$710 million investment,…

    Chinese processed food company Ting Hsin Group has completed the sale of a 20% stake to Japanese trading house ITOCHU Corporation.

    The US$710 million investment, which was made through Ting Hsin holding company Ting Hsin (Cayman Islands) Holding Corp, marks one of the largest individual investments by a Japanese trading house in the Chinese foods sector to date.

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