Nestlé May Invest In Chinese Confectioner

Swiss food group Nestlé may make a potential investment in Chinese confectionery company Hsu Fu Chi.

Swiss food group Nestlé may make a potential investment in Chinese confectionery company Hsu Fu Chi, Financial Times reports. The details of the potential transaction have not been disclosed. The options being considered by the two companies include the sale of a minority stake. Hsu Fu Chi is estimated to be worth about $2.6 billion.

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