BANGKOK -- Top Thai conglomerate Charoen Pokphand Group will build a pork business in China that spans breeding to food processing in an attempt to combat a swine shortage caused by flooding and disease.
Chia Tai Investment, an indirect subsidiary of CP Group's food processing arm Charoen Pokphand Foods, will buy 43 businesses encompassing breeding, farming, slaughtering and food processing in a deal valued around 28 billion yuan ($4.1 billion).
