Global food and drink company Nestle has acquired the remaining 40 percent stake in Chinese confectionery company Hsu Fu Chi ...

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Nestlé has announced that an agreement has been reached with the Hsu family to acquire the remaining 40% stake in Hsu Fu Chi, a confectionery manufacturer in China. The partnership between Hsu ...

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The company said it could not comment beyond the official statement. Earlier this month, the world’s largest food group announced it had acquired full control of Chinese confectionery business Hsu Fu ...