Chinese firm to take majority stake in Weetabix
Linkedin

Chinese firm to take majority stake in Weetabix

Shanghai : China | May 03, 2012 at 12:46 AM PDT
Source: The Independent
XX XX
Views: Pending
 
News in pictures On Facebook Suggested Topics British cereal favourite Weetabix is to come under Chinese ownership after a deal involving the Asian country's biggest overseas food takeover. Shanghai firm Bright Food will take a majority 60% share of the Weetabix Food Company, placing a £1.2 billion... FULL ARTICLE AT The Independent
Back
1 of 4
Next
China go into Sunday's Asian basketball championships final as firm favourites
China go into Sunday's Asian basketball championships final as firm favourites
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
READ MORE: Weetabix China's Bright Food, Weetabix Food Company, Bright Food Group, Weetabix Food of Britain, Weetabix Ltd, private equity, Lion Capital, breakfast cereals, food companies, owns bright, China, Shanghai
More News From: Shanghai : China
 
Advertisement
 
Advertisement
 

More From Shanghai

Oklahoma tornado death toll likely to stand at 24

Oklahoma tornado death toll likely to stand at 24

GOP Oklahoma senator opposes federal aid unless 'offset' by budget cuts

GOP Oklahoma senator opposes federal aid unless 'offset' by budget cuts

White House accuses Fox News reporter of leaking government secrets

White House accuses Fox News reporter of leaking government secrets

Atlanta, New York writers score wins in Pundit contest for first half of May

Atlanta, New York writers score wins in Pundit contest for first half of May

Who I think should host the Oscars

Who I think should host the Oscars

Vermont passes physician-assisted suicide law

Vermont passes physician-assisted suicide law

Microsoft unveils the new Xbox -- the Xbox One

Microsoft unveils the new Xbox -- the Xbox One

Oklahoma tornado's emotional highpoints: Parents reuniting with children (Videos)

Oklahoma tornado's emotional highpoints: Parents reuniting with children (Videos)

News Stories

 

  • China's Bright Food To Buy 60% Stake In Weetabix

    International Business Times
    Bright Food Group Co. said Thursday it will buy a 60 percent stake in British cereal maker Weetabix Ltd. China 's second-largest food company greater access to foreign markets. Share This Story Terms weren't disclosed, but the deal values Weetabix at...

  • Bright Food is betting on the Chinese falling in love with Weetabix

    Guardian Unlimited
    Linda Nylind for the Guardian It's just like the old days. Private equity firm buys ancient family-controlled company with reliable but slowly-growing earnings, injects massive financial leverage, collects a few dividends via further refinancings and...

  • China's Bright Food takes 60pc stake in Weetabix

    Independent
    Chinese hands after it was confirmed a company backed by the state has snapped up a controlling 60pc stake in the iconic brand. Bright Food, one of China's biggest food companies, has bought a 60pc stake in Weetabix from private equity group Lion...

  • China buys Weetabix majority stake

    Guardian Unlimited
    Western eating habits are catching on in China as wealthier citizens begin to shun the traditional rice and steamed bread. Photograph: Nell Freeman/guardian.co.uk China has gobbled up a majority stake in Weetabix. China's state-owned Bright Food...

  • DealBook: China's Bright Food Buys Majority Control of Weetabix

    The New York Times
    China's state-owned Bright Food Group said on Thursday that it had agreed to acquire majority control of Weetabix Food of Britain in a deal that values the breakfast cereal maker at £1.2 billion. Bright Food, based in Shanghai, will buy a 60 percent...

  • Bright Food buys 60% stake in Weetabix

    China News
    Bright Food Group Co Ltd, the country's second-largest food maker, has agreed to buy a controlling stake in British cereals maker Weetabix Ltd, the biggest overseas acquisition by a Chinese company in the food and beverage sector. The deal, which...
More Related Stories

Images

 >
 
More Related Images

More From Allvoices

Cartoons of The Day

 
Tap_logo_330_110_event
 

Most Viewed Reports

Most Commented Reports

Mainstream News


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2013. All rights reserved.