United Biscuits

Bright Food to Acquire Britain's United Biscuits

According to speculations, Shanghai-based Bright Food is due to strike a deal with Britain's United Biscuits, which will by far be the largest deal ever made by any Chinese Company.

The deal, which is likely to be made for as much as $3.2 billion, is going to be the biggest in the food and beverage sector. There too have been reports suggesting a rise in the shares for Bright Food, which entails Bright Dairy & Food Co. by roughly 4.3% to 10 Yuan per share.

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