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Focus on Israel: Bright Food's Tnuva deal highlights continued strength of China-Israel M&A

In May 2014, the Chinese food conglomerate Bright Food Group and Apax Partners announced a transaction that will see Bright Food acquire Apax’s 56 per cent stake in Israel’s largest food company, Tnuva. The deal for Tnuva, an iconic brand in Israeli homes, reflects a trend of rising Asian interest in the Israeli economy, including for large-scale M&A targets.