|
|
Article: Business in Asia Today -- April 13, 2004.
- Article from:
- PR Newswire
- Article date:
- April 13, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SYDNEY, Australia, April 12 /PRNewswire/ -- A summary prepared by Asia Pulse (http://www.asiapulse.com/), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
NISSIN TO CONTROL CHINA'S NO. 2 NOODLE MAKER WITH 33% STAKE
TOKYO - Nissin Food Products Co. has reached a preliminary agreement to forge a capital and business alliance with Hebei Hualong Food Group Co. of China in instant noodle production and marketing, The Nihon Keizai Shimbun learned Monday. The Japanese firm will take a 33.4 per cent interest in Hebei Hualong for about 20 billion yen (US$190.3 million), effectively bringing China's ...