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Advent snaps up 60% stake in Chinese food firm Wagas
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Advent International has snapped up a 60% stake in Chinese food and bakery chain Wagas.
The US buyout giant said today that the company, which focuses on “the healthy light food industry”, will continue to be managed by its founding shareholders.
Since it was founded in 1999, Wagas has grown to 250 locations across China under the Wagas, Baker...
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