Indonesia’s Indofood may make offer for embattled China Minzhong

Indonesia’s Indofood Sukses Makmur Tbk PT is considering making a takeover offer for Singapore-listed China Minzhong Food Corp Ltd after an attack by a short-seller wiped off almost half of the Chinese firm’s market value.

via Business feed http://www.scmp.com/business/companies/article/1301751/indonesias-indofood-may-make-offer-embattled-china-minzhong