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Part of the money will be sourced from internal earnings, especially from food subsidiary Universal Robina.
CNN: DAD AND ME
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The company, a subsidiary of US food giant Yum Brands, said the "aggressive expansion plan" would create up to 2, 000 jobs.
BBC: Pizza Hut Delivery to open 100 new stores
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Then, in mid-2012 criminals in Michoacan carried out a series of arson attacks on trucks owned by Sabritas, a local snack food subsidiary of PepsiCo.
FORBES: Organized Crime in Mexico City: A Political Risk?
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Freshlink is a subsidiary of ABP Food Group, the company that owns Silvercrest Foods where the first products with equine DNA were discovered in January.
BBC: Science & Environment
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"There are a lot of products out there that use tricky wording so you believe it's whole grain when it's not, " says Cynthia Harriman, director of food and nutrition strategies at the Whole Grains Council, a subsidiary of the nonprofit food advocacy group Oldways Preservation Trust.
CNN: Don't be afraid of the dark -- whole grains explained
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The plan, which is supported by Morgans's board, calls for transferring to Yucaipa the Delano South Beach hotel and the company's Light Group food and beverage subsidiary.
WSJ: The Fight for Hip Hotel Firm
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The issue came into sharp relief in 2011, when China's food-safety inspectors discovered in pork products from a Shuanghui subsidiary the chemical clenbuterol, which speeds muscle growth in pigs but can cause headache, nausea and an irregular heartbeat when consumed by humans.
WSJ: 'China's No. 1 Butcher' Turns to U.S.
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Italy is famous for food as well as luxury: in January Princes, a British subsidiary of Japan's Mitsubishi Corporation, said it would buy 51% of a giant tomato-processing business in southern Italy.
ECONOMIST: Chinese and other buyers snap up Italian brands
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The burger chain said that while it was not a food safety issue, they were replacing all products from Silvercrest, which is a subsidiary of ABP, in the UK and Ireland with items from another supplier.
BBC: Beef, burger, hamburger