Mivtach Shamir Expected to Join Apax Partners in Selling Its Stake in Tnuva

China’s government-owned Bright Food buying up Israel’s largest dairy company.

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Mivtach Shamir Holdings is expected to join Apax Partners in selling a controlling stake in Tnuva, Israel’s largest dairy company, to Bright Food of China, at a valuation of 8.4 billion shekels ($2.1...