Mitsubishi to sell Princes to European food group

Italian-based Newlat Food SpA has declared its intention to acquire the entire Princes Group from the Mitsubishi Corporation, encompassing all current operations and brands in an agreement valued at GBP 700 million.

Princes

Italian-based Newlat Food SpA has declared its intention to acquire the entire Princes Group from the Mitsubishi Corporation, encompassing all current operations and brands in an agreement valued at GBP 700 million.