Janice Kew
Stories by Janice Kew
Lactalis acquires Aspen’s infant-formula unit for $860m to tap Chinese market
The move will enable the closely held company to tap rising demand for baby-food in Asia’s biggest economy
South Africa’s Life Healthcare looking to sell its stake in India’s Max Healthcare
Life Healthcare is working with Barclays to explore potential interest in its 49.7% stake in Max Healthcare and could seek about $406 million for it
Naspers plans more food investments to bridge value gap with China’s Tencent
Its 33% shareholding in Tencent is worth about $166 billion, while Naspers itself is valued at $123 billion.