Strong franc sends Swiss companies on shopping trip update

11th July 2011, Comments 0 comments Nestle in Chinese sweets deal, Lonza goes for American biochem Update 15:25 GENEVA, SWITZERLAND - Vevey-based Nestl has entered into an agreement with the founding family of Hsu Fu Chi, one of China’s main snack and sweets manufacturers, with four large plants and 16,000 employees. In the deal worth CHF1.4 billion, the Swiss company will [...]

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