Domestic

Bright Food to buy stakes of liquor maker for $7m

(Agencies)
Updated: 2010-12-30 13:06

Sichuan Swellfun Co said it has agreed to sell a 40 percent stake in the company that produces Quanxing Daqu liquor to Bright Food Group Co for 47.2 million yuan ($7 million), Bloomberg News reported Thursday, citing a statement to Shanghai's stock exchange.