date:May 29, 2014
ax slightly less than $1 billion in cash for its 56 percent stake and will assume Apax's share of bank loans totalling 1.9 billion shekels, Reuters reported.
Bright Food's new acquisition loan is expected to have similar documentation to an $850 million loan that the company raised un October 2012 to finance its acquisition of a majority stake in British cereal maker Weetabix.
That deal consisted of a $550 million, three-year loan provided by Bank of China, China Development Bank, HSBC, Nation