A deal to purchase Hsu Fu Chi International is in the works but has not been finalized, Bloomberg News reported. It cited three unidentified people familiar with the discussed deal.
A spokeswoman for the Swiss foodmaker said the company doesn't comment on market speculation. Officials at Hsu Fu Chi's offices in Dongguan, China, could not be reached for comment.
Hsu Fu Chi, which sells candies, cakes and pastries, was started in 1992 by four Taiwanese brothers. It has grown into one of China's largest confectionary companies.
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Source: Forbes
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