Charoen Pokphand Shoots Down Birds Eye Speculation
date:May 16, 2012
ms such asBlackstone and BC Partners. The Times had said CPF had spentmonths in pursuit of Birds Eye, which recorded 1.2 billion insales last year.

A source from CPF in Thailand said the deal was hardly possible,given the costly bid of up to 125 billion baht. As of year-end2011, CPF had assets of 159.90 billion baht and liabilities of93.38 billion. But the company reported strong revenue last yearof 212.67 billion baht, up from 195.05 billion a year earlier.

CPF said a few weeks ago that it pl
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