China’s Hsu Fu Chi International (HSFU.SI), which makes candies, pastries and puddings, is in talks with companies from Japan and Europe, including the world’s largest food company Nestle SA (NESN.VX), a company spokeswoman said on Monday.
Nestle has been has been holding talks to buy the Singapore-listed company, Bloomberg reported on Friday, citing people familiar with the matter.
Nestle has been has been holding talks to buy the Singapore-listed company, Bloomberg reported on Friday, citing people familiar with the matter.
“We won’t deny they are one of the companies that we’ve been in touch with, but they are not the only one,” Hsu Fu Chi spokeswoman Christine Sun said by telephone, referring to Nestle.
“All along, we have had a lot of long-term partners that we’ve been in touch with,” Sun said. She declined to say whether these talks were pertaining to partnerships or acquisitions.
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