AJINOMOTO TO BUY OUT JOINT FOOD VENTURE PARTNER
Ajinomoto Co Inc <AJIN.T> said it will
sign around end-April to buy the 50 pct of <Knorr Foods Co
Ltd>, capitalised at four billion yen, that it does not already
own from its U.S. Partner <CPC International Inc>.
    Ajinomoto will also acquire 50 pct each of CPC's two sales
subsidiaries and six production units in Hong Kong, the
Philippines, Singapore, Malaysia, Taiwan and Thailand, he said.
    The total cost of the acquisition is 340 mln dlrs, the
spokesman said.
 REUTER
