Buyers keen on Monde Nissin stake in Figaro

A number of investors are expected to line up for Monde Nissin Corp.'s stake in the Figaro Coffee Group should the listed snack foods giant decide to dispose of its interest.

- RICHMOND MERCURIO

"Many are interested to buy that if that will be true," a source told The STAR.

The source cited Macay Holdings Inc., the holding company chaired by Alfredo Yao, as among the interested parties.

Also identified as another interested group is the buyer of the local Wendy's fast food chain franchise from Davao-based businessman Dennis Uy.

Figaro Coffee Group chairman Justin Liu, however, said that the company has yet to be formally notified by Monde Nissin on its plan to exit.