Acquisition, Hsu Fu Chi | featured news

Nestle Offers $1.7 Billion For 60% Stake In Hsu Fu Chi

The Swiss food giant Nestle SA has offered to buy 60% of Chinese snacks and candy company Hsu Fu Chi International for 2.1 billion Singapore dollars ($1.7 billion). The world’s largest food company agreed to pay S$4.35 ($3.56) for each share of Singapore-listed Hsu Fu Chi, an 8.7% premium on Friday’s closing price.

 

Subscribe to this RSS topic: Syndicate content