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Chocolate Company Owner Planning Nortel Bid

They make some of the world’s best-known chocolates, so why not take a stab at running one of the world’s best-known telecommunications equipment companies … or at least part of it?

Yildiz is the Turkish company that owns Godiva chocolates. Bankrupt Nortel Networks plans to sell off its Turkish unit, and Bloomberg reports that Yildiz is interested in making a bid. The site quotes Turkish newspaper, Sabah, in saying that Nortel is in talks with an executive from Yildiz’s information, packaging and real estate division.

Yildiz wants its products other than food to see a 30 percent growth in 2010, so a Nortel acquisition could go a long way toward reaching that goal.


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