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Blackstone, China firm shortlisted for $1.5 billion Ingham Chicken deal: sources
Nov 23rd 2012, 06:23

HONG KONG/MELBOURNE (Reuters) - Blackstone Group LP and China agribusiness company New Hope Group are through to the final round of bidding for Australia's largest poultry producer Inghams Enterprises, a deal that could be worth as much as A$1.4 billion ($1.5 billion), sources with knowledge of the matter told Reuters. Second-round bids are due by mid-December in the deal, which could be the largest private equity buyout in Asia this year, the sources said. Inghams Enterprises, which owns the Ingham Chicken brand, was founded in 1918 by Walter Ingham...

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