[CJ CHEILJEDANG] CJ Cheiljedang sold its entire 60 percent of ownership stake in Chinese food subsidiary Sichuan Jixiangju Food for 300 billion won ($235.5 million). The shares were acquired by multiple Chinese institutional investors and the current second-largest shareholder of Sichuan Jixiangju Food, according to CJ Cheiljedang on Monday. CJ Cheiljedang had initially bought a 60 percent stake in the Chinese pickled food maker via two separate transactions in 2011 and 2016 totaling around 38.5 billion won.

https://n.news.naver.com/mnews/article/640/0000041451?sid=101

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