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CVC is said close to agreement to buy Malaysian snack maker Munchy

Mimi Sabreena 3:05:00 PM Informasi

KUALA LUMPUR (April 18): CVC Capital Partners is close to an agreement to buy Malaysian snack food maker Munchy Group, according to people with knowledge of the matter.

* Deal could value Munchy at ~RM1.1 billion (US$283 million), the people said, asking not to be identified because the discussions are private

* The buyout firm has approached banks to obtain local-currency financing for the purchase, one of the people said

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