Bright Food, the Chinese state-controlled group which is shopping for overseas food brands, says it is considering an initial public offering for Weetabix, its recently acquired UK breakfast brand.
Bright will consider a listing for the breakfast cereal maker in Hong Kong, the UK or US, said spokesman Pan Jianjun. Bright acquired a 60 per cent stake in the cereal maker last year, valuing it at the time at about £1.2bn.
Mr Pan said there was no timetable for the IPO, and no bankers had yet been appointed to advise on it. Weetabix would be listed “when it’s ready”, he said.
您已閱讀16%（576字），剩餘84%（2919字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。