Navis Capital sees $40-$80M capex for Mainland Poultry, export opportunities, possible IPO

Thu, 27 Apr 2017

By Jonathan Underhill April 27 (BusinessDesk) - Navis Capital, a private equity firm with about US$5 billion of investments, says there would be between $40 million and $80 million of capital expenditure required for Mainland Poultry, building a company with export opportunities and with the potential to go public down the track. Phil Latham, a Sydney-based partner at Navis, said he has to be a little circumspect in commenting on Mainland, after his firm agreed to acquire a controlling stake in the company, because the deal still requires...

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