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OSAKA (Kyodo) Nissin Foods Holdings Co. said Friday it will form a capital alliance with the holding company of Russia’s top instant noodle maker to enter the Russian market, where demand for high-end noodle products is expected to expand.

Nissin Foods will invest about ¥26.8 billion for a 33.5 percent stake in Cyprus-based Angleside Ltd., which owns Russia’s top noodle maker, LLC Mareven Food Central.

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