Nestlé is in talks to buy leading Chinese confectionery firm Hsu Fu Chiin, a deal that would cost about $2.6bn.

Nestlé confirmed that it "is engaged in preliminary confidential discussions with Hsu Fu Chi." but added that it has no further comments to make at this stage. "Strategically, we would view the deal positively since it would give Nestlé access to China’s fast-growth $6bn confectionery market and allow the group a number of international cross-selling opportunities,” claim...


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