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Cargill to sell China protein business to private equity firm DCP Capital

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BEIJING : U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday.The sale of the unit which raises and processes chickens is still subject to regulatory approvals but is expected to close this y

BEIJING : U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday.

The sale of the unit which raises and processes chickens is still subject to regulatory approvals but is expected to close this year, it added.

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