Top Asia Poultry Firm Japfa Owners Said to Mull Go Private Deal
- Shareholders in talks with fund, banks for $150 million loan
- A potential delisting under discussion, no final decision made
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Owners of Japfa Ltd., the second-largest poultry maker in Indonesia, are considering taking the Singapore-listed company private and have started talks for a loan that would back any such move, according to people familiar with the matter.
Discussions have been held with several banks and at least one private credit fund for an around $150 million loan, said the people, who asked not to be identified as the deliberations are private.