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New Hope Group strikes AUS$1 billion deal to buy pet food giant

One of China’s largest agriculture and animal husbandry enterprises, the New Hope Group, has completed the purchase of the Real Pet Food Company for AUS$1 billion (US$770 million), the largest M&A conducted by a domestic enterprise in the pet industry in recent years, Yicai.com reported. New Hope Group will become the new largest shareholder of the […]