Nestle, Tata Consumer, Kraft look to spice up race for Ching's Secret

Nestle is competing with companies including Tata Consumer Products and The Kraft Heinz Co to buy Capital Foods, which makes food products and ingredients under the Ching's Secret and Smith & Jones brands. Investment bank Goldman Sachs is valuing the company, which saw $55m worth of sales last year, at between $500m and $800m.

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