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Ajinomoto Buys 33% Stake In Promasidor

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Japanese food and ingredients maker Ajinomoto has announced plans to buy 33 percent of Africa’s Promasidor for $532 million, the latest step on its march toward becoming a top-10 global food company, according to Reuters Report. According to Reuters report early this month that Ajinomoto was bidding against PepsiCo and most likely to win. The ...

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