BRIEF-SATS Announces Proposed Joint Venture With Mitsui

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July 18 (Reuters) - SATS Ltd:

* PROPOSED JOINT VENTURE BETWEEN SATS AND MITSUI IN FOOD SOLUTIONS BUSINESS

* INVESTMENT IN JV IS APPROXIMATELY S$ 36.4 MILLION

* WHEN COMPLETED, MITSUI WILL HOLD A 15% STAKE IN A PARTNERSHIP WITH INTERESTS IN SATS FOOD SOLUTIONS INDIA, OTHERS Further company coverage: