Cooking, Food & Wine

Tencent financial news on June 24, Taiwan food giant Unified Enterprise Group yesterday said, plans to sell holdings in Tianjin, Guangzhou and Chongqing three joint ventures in mainland China companies sold shares to joint venture partners of Carrefour China holding co., Ltd.

according to the three companies benefit equals 27 million Yuan last year, companies United in this share ratio, 45% and 10% respectively.

unity, expected to be completed the deal by the end of this year, the company sold a stake of $ 3.11 million through the deal proceeds, but the deal has yet to be approved by regulators.

consolidated capital expenditures in mainland China in recent two years mainly to beverage business, expanding production capacity, as well as outsourcing manufacturing two-pronged approach on their own, just to expand on their own and set up last year, hit more than NT $ 10 billion.

consolidated public relations department head Edward Tu says, companies want to concentrate on food-processing business in mainland China, this is also the company plans to withdraw the company does not have a controlling investment in retail and distribution business of cause.

consolidated recently troubled into Taiwan plasticizer affair. On June 22, the AQSIQ announced the "Taiwan from plasticizer pollution problem list" update again, issues enterprises increased to 309, with related products increased to 863. Among them, and 4 drink the product of the newly unified Enterprise listed.

previously, Taiwan food quality regulators announced that unified enterprise production baojian sports drinks, asparagus juice and 7-SELECT low sodium sports drink, containing the plasticizer is off the shelf recovery, and confirmed its poisonous asparagus juice has been sold to the Mainland. (Text/Zeng Tao Tao)

original address: http://finance.qq.com/a/20110624/002472.htm