Tyson Foods Said to Explore Possible Sale of China Business
- Profits have plummeted amid a supply glut of chicken and pork
- Deliberations are ongoing and Tyson could still keep asset
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Tyson Foods Inc., the biggest US meat company, is exploring options including a potential sale of its China business, according to people with knowledge of the matter.
The process is at an early stage and some private equity firms have expressed initial interest in the business, the people said, who asked not to be identified as the information is private.