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China Daily | Updated: 2011-07-02 07:55

Bright Food mulls bid

Bright Food Group Co, Shanghai's biggest food and dairy producer, is considering making a bid for Australia's Treasury Wine Estates Ltd, according to two people familiar with the matter.

The closely held milk producer has held internal talks about making an offer to acquire Treasury, the world's second-largest winemaker, said the people, who asked not to be identified because the discussions are private. Rebecca Smith, a spokeswoman for Melbourne-based Treasury, declined to comment.

IN BRIEF (Page 9)

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