Vitasoy ‘Open to Collaboration’ as Takeover Speculation Mounts
This article is for subscribers only.
Vitasoy International Holdings Ltd. is “open” to potential business collaboration opportunities, Chief Executive Officer Roberto Guidetti said, as the beverage maker’s shares jumped the most on record after a Singapore tycoon raised his stake in the firm.
“We are not initiating or pro-actively seeking collaboration opportunities, but of course, always open to evaluate collaboration opportunities that exist,” Guidetti said Wednesday in an interview with Bloomberg TV. “The fact that there is interest in the company is a good thing. Recognition that there is potential in the company going forward is a good thing.”