Uni-President Enterprises Corp (
The news that Uni-President might be in talks with Beijing Huiyuan Beverage and Food (
The juice maker has also held informal talks with Coca-Cola Co, Pepsi Co and the Paris-based Groupe Danone, but "Uni-President was the frontrunner to buy privately owned Huiyuan," the report cited people close to the situation as saying.
Contacted by the Taipei Times yesterday, Uni-President gave a low-key response, but did not deny the possibility of buying into its Chinese rival.
"As the company is evaluating the deal, it's inappropriate for me to comment on the case before it is finalized," Uni-President spokesman Simon Hung (
Uni-President, which has expanded its operations to China, the Philippines, Thailand, Indonesia and Vietnam, aims to become Asia's largest food manufacturer by 2017, executive vice president Lo Chih-hsien (