Israeli Food Conglomerate Strauss to End Partnership With Buyout Firm

Strauss to pay whopping 1 billion shekels to get back 25.1% stake held by TPG.

Eran Azran
Reuters
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FILE PHOTO: An employee checks coffee, bought by Israeli company Strauss, after it was roasted and ground at a packaging factory in Lod, Israel March 6, 2017. REUTERS/Amir Cohen/File Photo
FILE PHOTO: An employee checks coffee, bought by Israeli company Strauss, after it was roasted and ground at a packaging factory in Lod, Israel March 6, 2017. REUTERS/Amir Cohen/File PhotoCredit: AMIR COHEN/REUTERS

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