Baring Private Equity Asia Invests in Weetabix Food Company

Baring Private Equity Asia (“Baring Asia”) announced today that it has
acquired a 40% stake in UK-based manufacturer of cereals and cereal bars, Weetabix Food Company
(“Weetabix”). Baring Asia will work in partnership with Bright Food, the controlling shareholder of
Weetabix, to drive expansion in China. Bright Food is one of the largest state-owned food
manufacturing companies in China. Terms of the transaction were not disclosed.

Baring Private Equity Asia Invests in Weetabix Food Company

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