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Nestle’s Biggest Takeover in China Creates 23% Return at No Risk: Real M&A
August 22nd, 2011 @ accounts@touchpointretail.co.za
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Nestle SA’s biggest acquisition in China is giving traders a chance to reap a 23 percent profit without the risk of losing any money on the deal. Nestle agreed to buy 60 percent of Hsu Fu Chi International Ltd, the Dongguan, Guangdong-based candy maker, for S$2.07 billion ($1.7 billion) in July. After surging above the [...]
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