CHINA/UK: Bright Food buys majority stake in Weetabix
China's Bright Food has acquired a majority stake in UK cereal maker Weetabix.
ByTakeover talk surrounds Weetabix
China's Bright Food is said to be looking to sell its 60% stake in Weetabix – and four bidders are reported to be ready to make offers for the UK-based breakfast cereal group.