It also hopes to double its revenue in five years, as it expands its own chains and buys others, at a time when deal-making in the restaurant sector i
Godiva's Japanese business has revenue of around $350 million a year and is likely to appeal to companies or investors with experience in Japan.
The three consumer goods giants are seen as frontrunners for a business that offers a significant footprint in a fast-growing emerging market.
The main asset on the block in the sale is GSK's 72.5% stake in its Indian subsidiary GlaxoSmithKline Consumer Healthcare, which is famous for Horlic
GSK was seen as the front runner to buy the assets after main rival Reckitt Benckiser quit the race on Thursday.
The latest acquisition, of Nestle's U.S. confectionery business, was by far his biggest bet, sinking $2.8b into a market where Nestle was losing gro
IPOs & Markets
Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for Sabeco, whose $5 billion sale process opens this week.
The world's largest packaged food company said it will buy the maker of vitamins from a group of investors led by Permira Funds.
Buyout funds Blackstone and CVC Capital, who were teaming up on a joint offer, are no longer in the running.
CVC Capital Partners is also in the race.
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