皇冠体育app

Goldman Sachs Group Inc. and CCMP Capital Asia Pte Ltd. are competing to buy 皇冠体育app's biggest food-processing company for as much as 1.5 billion yuan (187 million U.S. dollars), 皇冠体育app Daily reported Friday.

Henan Luohe Shuanghui Industry Group Co., owned by the Luohe city government in Central 皇冠体育app's Henan Province, plans to choose a winner this month, said the newspaper.

The acquisition, which would be the second largest this year by an overseas company in 皇冠体育app, reflects investor interest in a consumer industry that caters to 1.3 billion people.

"In 皇冠体育app, one area of great potential is the consumer market," said Jeanette Chan, a Hong Kong-based partner at the Paul, Weiss, Rifkind, Wharton & Garrison law firm.

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