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Chinese suitors vie for German coffee machine maker WMF: sources
Chinese suitors vie for German coffee machine maker WMF: sources
KKR & Co LP (KKR.N) has short-listed China's Joyoung Co Ltd (002242.SZ) and KingClean Electric Co Ltd (603355.SS) among others for its planned sale of German coffee machine maker WMF, in another sign of strong interest from Chinese suitors to buy overseas assets, people with direct knowledge of the matter told Reuters.
Coffee premiums narrow in Vietnam but rise in Indonesia
Coffee premiums narrow in Vietnam but rise in Indonesia
Coffee premiums in Vietnam narrowed as farmers held back stocks expecting a further jump in robusta prices, but were up in Indonesia on thin stocks and local demand, traders said on Thursday.
Premiums for Vietnamese robusta grade 2, 5 percent black and broken narrowed to $50-$60 a metric ton to the July ICE contract from $50-$70 a week ago.