BANGKOK -- Hong Kong-based investment manager PAG has acquired Australia's Patties Foods and Vesco Foods for a total of nearly 700 million Australian dollars ($472 million), according to a source familiar with the matter.
Acquisitions by Blackstone-backed investment manager total nearly $472m

Hong Kong-based PAG has acquired Australia's Patties Foods, which makes snacks such as meat rolls and pies. (Screenshot from Patties' website)
BANGKOK -- Hong Kong-based investment manager PAG has acquired Australia's Patties Foods and Vesco Foods for a total of nearly 700 million Australian dollars ($472 million), according to a source familiar with the matter.