Home / Business

Bright Food eyes Australian sugar deal

China Daily | Updated: 2010-01-13 08:09

Bright Food eyes Australian sugar deal

White Rabbit candy produced by Bright Food Group on display in a supermarket. The Shanghai-based company plans to buy Australian CSR's sugar business. CFP

Bright Food Group Co, the biggest food company in Shanghai, offered as much as A$1.5 billion ($1.4 billion) cash for Australia-based CSR Ltd's sugar unit to gain raw materials after global prices more than doubled in the past year.

Bright Food eyes Australian sugar deal

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349