BRIEF-Genus says not to proceed with joint venture in China

Tue May 27, 2014 2:18am EDT

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May 27 (Reuters) - Genus Plc :

* Has agreed with Yunnan Shennong Agricultural Group Co Ltd ("Shennong") that Genus and Shennong will not proceed with establishment of a joint venture at present time

* Due to previously announced current adverse market conditions for pig production in China, Genus and Shennong have now decided not to proceed with planned joint venture Source text for Eikon: Further company coverage: