Investors ponder Hong Kong stake in PureCircle

Natural sweetener supplier PureCircle hit a 52-week high after a new investor took a significant stake in the firm.

Natural sweetener supplier PureCircle hit a 52-week high after a new investor took a significant stake in the firm.

Hong Kong outfit Wang Tak paid just over £9m for a 4.95% stake in PureCircle which specialises in stevia, a herb which can act as a non-calorific sweetener.

Stevia is widely used as a sugar replacement in the making of food and drinks.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

PureCircle has been something of a star on the AIM 100 this year, rising 31.6%, although interim results at the end of March disappointed.

BS