{"id":13735,"date":"2021-09-15T11:54:20","date_gmt":"2021-09-15T09:54:20","guid":{"rendered":"https:\/\/tereos.com\/?post_type=press_release&p=13735"},"modified":"2021-09-15T11:54:20","modified_gmt":"2021-09-15T09:54:20","slug":"tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group","status":"publish","type":"press_release","link":"https:\/\/tereos.com\/en\/press-releases\/tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group\/","title":{"rendered":"Tereos announces the divestiture of its stake in starch activities in China to the YKA Group"},"author":248,"featured_media":0,"template":"","categories":[],"class_list":["post-13735","press_release","type-press_release","status-publish","hentry"],"acf":{"cover_image":false,"cover_clone":{"cover_image":false},"file":{"ID":13736,"id":13736,"title":"Tereos Press Release - China Starch Operations 210915 ENG","filename":"tereos-press-release-china-starch-operations-210915-eng.pdf","filesize":215447,"url":"https:\/\/www.tereos.com\/app\/uploads\/2021\/09\/tereos-press-release-china-starch-operations-210915-eng.pdf","link":"https:\/\/tereos.com\/en\/press-releases\/tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group\/tereos-press-release-china-starch-operations-210915-eng\/","alt":"","author":"248","description":"","caption":"","name":"tereos-press-release-china-starch-operations-210915-eng","status":"inherit","uploaded_to":13735,"date":"2021-09-14 14:40:09","modified":"2021-09-14 14:40:09","menu_order":0,"mime_type":"application\/pdf","type":"application","subtype":"pdf","icon":"https:\/\/tereos.com\/wp\/wp-includes\/images\/media\/document.png"},"pdf_clone":{"file":{"ID":13736,"id":13736,"title":"Tereos Press Release - China Starch Operations 210915 ENG","filename":"tereos-press-release-china-starch-operations-210915-eng.pdf","filesize":215447,"url":"https:\/\/www.tereos.com\/app\/uploads\/2021\/09\/tereos-press-release-china-starch-operations-210915-eng.pdf","link":"https:\/\/tereos.com\/en\/press-releases\/tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group\/tereos-press-release-china-starch-operations-210915-eng\/","alt":"","author":"248","description":"","caption":"","name":"tereos-press-release-china-starch-operations-210915-eng","status":"inherit","uploaded_to":13735,"date":"2021-09-14 14:40:09","modified":"2021-09-14 14:40:09","menu_order":0,"mime_type":"application\/pdf","type":"application","subtype":"pdf","icon":"https:\/\/tereos.com\/wp\/wp-includes\/images\/media\/document.png"}},"headline":"","headline_clone":{"headline":""},"has_anchors":false,"sections":[{"acf_fc_layout":"rich_text","anchor_title":"","text":"

As part of its new strategy presented in June 2021, Tereos cooperative group announced its intent to refocus on its three main activities and reduce its debt.<\/p>\n

In this context, Tereos announces that it is divesting its 49% stakes in two Chinese starch joint ventures initiated in 2012 and 2013 to its joint venture partner, the YKA Group, an agro-industrial group headquartered in China.<\/p>\n

This transaction is subject to antitrust authorities\u2019 approval.<\/p>\n"}],"flexible_editorial_clone":{"has_anchors":false,"sections":[{"acf_fc_layout":"rich_text","anchor_title":"","text":"

As part of its new strategy presented in June 2021, Tereos cooperative group announced its intent to refocus on its three main activities and reduce its debt.<\/p>\n

In this context, Tereos announces that it is divesting its 49% stakes in two Chinese starch joint ventures initiated in 2012 and 2013 to its joint venture partner, the YKA Group, an agro-industrial group headquartered in China.<\/p>\n

This transaction is subject to antitrust authorities\u2019 approval.<\/p>\n"}]}},"yoast_head":"\nTereos announces the divestiture of its stake in starch activities in China to the YKA Group - Tereos<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tereos.com\/en\/press-releases\/tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tereos announces the divestiture of its stake in starch activities in China to the YKA Group - Tereos\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tereos.com\/en\/press-releases\/tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group\/\" \/>\n<meta property=\"og:site_name\" content=\"Tereos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tereos.com\/en\/press-releases\/tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group\/\",\"url\":\"https:\/\/tereos.com\/en\/press-releases\/tereos-announces-the-divestiture-of-its-stake-in-starch-activities-in-china-to-the-yka-group\/\",\"name\":\"Tereos announces the divestiture of its stake in starch activities in China to the YKA Group - 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