Monday, August 4, 2008

Goldman Sachs pays US$300m for poultry farms (GS)

Okay, back on topic.
From the South China Morning Post:
Goldman Sachs, a United States-based private equity investment firm, recently acquired full control of more than 10 poultry farms on the mainland for as much as US$300 million, establishing a presence in the mainland livestock industry, according to a mainland media report yesterday....

HT: ClusterStock who comments:
So for the record, that's: U.S. mortgages = bad... Asian livestock = good. We hope John Thain and Dick Fuld are taking notes.