Date
23 October 2017

Bright Food in talks to buy Israel food giant, website says

Bright Food (Group) Co. Ltd. is in talks to buy a controlling stake in Israel’s biggest food company Tnuva, Israel news website Haaretz.com reported Tuesday. Executives of the Chinese company have arrived in Israel earlier this week, and an unnamed company spokesperson said discussions were still in the preliminary stage, Qq.com reported Tuesday. Israel newspaper Globes on Monday said the deal could be worth US$2.28 billion.

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