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Ajinomoto to buy stake in food maker Promasidor

( November 8, 2016, 16:05 GMT | Official Statement) -- MLex Summary: Japanese food and chemical firm Ajinomoto has agreed to buy a 33 percent stake in South Africa-based processed-food maker Promasidor. The purchase price is approximately 55.8 billion yen ($535 million). Promasidor produces a range of food and beverage products, such as baby cereal, tea and seasonings.The full text of the statement can be viewed here...

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