CHINA: Nestle to buy majority stake in Hsu Fu Chi
Nestle today (11 July) ended the speculation over its interest in Hsu Fu Chi with the announcement that it intends to buy a majority stake in the Chinese confectioner.
Nestle to buy into Chinese confectioner Hsu Fu Chi
BRICs and beyond: Hsu Fu Chi could sweeten Nestle’s Chinese business
A normally reticent Nestle this week admitted its interest in Chinese confectioner Hsu Fu Chi. The Singapore-listed firm is one of China's largest confectioners and, as Dean Best reports, analysts see the company's distribution in China and knowledge of local consumer habits as key factors in why the world's largest food maker could move for the business.
CHINA: Nestle confirms Hsu Fu Chi negotiations
Nestle has confirmed it is in talks about a possible takeover of Chinese confectionery company Hsu Fu Chi.
CHINA: Confectioner Hsu Fu Chi confirms talks with Nestle
Chinese confectioner Hsu Fu Chi today (4 June) confirmed that it has held talks with Nestle over a potential takeover.
CHINA: Nestle opens seasoning production line
Nestle today (24 May) announced the opening of a seasoning production line in Dongguan, China as part of broader expansion plans in the area.
BRICs and beyond: Nestle ups Chinese presence with Yinlu buy
Swiss food giant Nestle has expanded its Chinese footprint with the acquisition of a 60% stake in local food maker Yinlu Foods. The deal will widen Nestle's product offering in…
