CP Vietnam increases stake in shrimp producer

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CP Vietnam has increased its stake in shrimp producer Sao Ta Foods JSC. The company spent about USD 14.3 million to buy more than 6.5 million shares, upping its ownership to 16.2 million shares, equivalent to a 24.9% stake in Sao Ta Foods. In 2021, Sao Ta Foods officials said that Covid-19 had disr...

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