Apax CEO Goes to China to Discuss Possible Tnuva Sale

Bright Food Group may partner with Israeli food giant’s other owners for control, at a company valuation of at least 8.5 billion shekels.

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Apax Partners Israel CEO Zehavit Cohen visited China this week for talks on selling a controlling stake in Tnuva Food Industries to the Chinese state-owned Bright Food Group. Apax Partners Worldwide, the...