China's Bright Food weighs Treasury Wine bid-report
China's Bright Food weighs Treasury Wine bid-report
Jul 1, 2011 6
(Reuters) - China's Bright Food Group is considering a bid for Australia's Treasury Wine Estates Ltd (TWE.AX), Bloomberg News reported on Friday, citing two people familiar with the matter.
The privately held company has had internal talks about making a bid, Bloomberg said.
Officials at Bright Food and Treasury could not immediately be reached for comment.
The Shanghai-based food and dairy company said in May that it would seek to buy overseas assets in its core businesses, including wine, sugar and dairy.
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