Hsu Fu Chi in Talks With Nestle on Possible Acquisition

Hsu Fu Chi International Ltd., China’s biggest confectioner by market value, said it’s in talks to be acquired by potential suitors including Nestle SA in what would be the largest overseas purchase of a Chinese company.

Nestle, the world’s largest food maker, is assessing a bid for Hsu Fu Chi and the two companies have been in talks on a partnership for a few years, Christine Sun, a spokeswoman for the Dongguan, Guangdong-based company, said by telephone today. Nestle didn’t immediately respond to a request for comment.