date:May 16, 2012
re.co.uk:Far Eastern buyers view the UK as an attractive place in which to acquire business because the regulatory requirements are less rigid, which makes it relatively easy to do business.
Bright Food
The latest bid comes after British cereal maker Weetabix was bought by Chinas Bright Food earlier this month, in a deal that valued the firm at 1.2bn.
This followed the acquisition of UK duck company Cherry Valley by the Thai company Bangkok Ranch for an undisclosed fee in April. Md of the L