Hsu Fu Chi’s confectionery stand in a Shenyang supermarket in Liaoning province on 5 July 2011. Photo: EPA

Nestle is weighing a US$1 billion sale of two ailing Chinese consumer brands after failing to turn them around

  • The food giant is reviewing its stakes in Hsu Fu Chi and Yinlu, according to people familiar with the plan
  • Controlling stakes in the two brands could be sold for US$1 billion, the people said
Topic |   Mergers & Acquisitions

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Hsu Fu Chi’s confectionery stand in a Shenyang supermarket in Liaoning province on 5 July 2011. Photo: EPA
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