Goldman Sachs sells 5% stake in meat processor Shineway to China’s CDH

05 Nov 2009

Goldman Sachs is to sell half of its 10% stake in China’s largest meat processor Shineway Group for $150m to Chinese private equity fund CDH Investments.

The Shineway acquisition by Goldman in 2006 was one of the country’s first leveraged buy-outs by a foreign investor.

According to reports, ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial