Tnuva

Bright Food Group Co.,  a Chinese dairy and consumer-products group, has agreed to buy a majority stake in Israel’s Tnuva Food Industries Ltd., Bloomberg reports. The group, backed by the Shanghai government, has plans to expand overseas and it is said the deal would give Bright Food a broader range of high-quality products to bring into China to tap local demand. According to company spokesman Pan Jianjun, Bright Food has …