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Germany’s ‘Sausage King’ Is Said to Explore $5 Billion Sale Mar 19 2021, 7:47 PM March 18 2021, 8:55 PM March 19 2021, 7:47 PM (Bloomberg) Billionaire Clemens Toennies is exploring a sale of Germany’s largest meat processor, almost a year after his namesake company was embroiled in a nationwide scandal due to a huge coronavirus outbreak at one of his packing plants. (Bloomberg) Billionaire Clemens Toennies is exploring a sale of Germany’s largest meat processor, almost a year after his namesake company was embroiled in a nationwide scandal due to a huge coronavirus outbreak at one of his packing plants. Toennies Holding ApS & Co.’s family owners are preparing a sale process for the 50-year-old company, according to people familiar with the matter. The business may be valued at as much as 4 billion euros ($4.8 billion) in an auction, they said, asking not to be identified because the discussions are private.

Clemens toenniesWh group ltdTyson foods incSmithfield foods incHong wh groupToennies holding aps coHolding apsSmithfield foodsHong kong listedகிளெமென்ஸ் தோெந்னிஎஸ்வ் குழு லிமிடெட்டைசன் உணவுகள் இன்க்ஸ்மித்ஃபீல்ட் உணவுகள் இன்க்ஹாங் வ் குழுதோெந்னிஎஸ் வைத்திருத்தல் அப்ஸ் இணைவைத்திருத்தல் அப்ஸ்