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NESTLE DIVESTMENT
Nestle to divest mainstream supplements business for $1 billionNestle has agreed to sell its vitamins and supplements business to Yellow Wood Partners. This significant deal is valued at approximately o...- Nestlé explores sale of Blue Bottle Coffee, sources sayNestle is reportedly working with Morgan Stanley to explore options, including a potential sale, for its Blue Bottle Coffee chain. This mov...
- Nestle CEO shake-up overshadows broader malaiseNestle faces pressure to streamline operations after a leadership shakeup and disappointing financial performance. Investors and analysts a...
- Nestle investors face more turbulence after another CEO oustedNestle faces leadership change. Laurent Freixe is out as CEO due to a relationship with a subordinate. Philipp Navratil replaces him. This ...
- Nestle to review vitamins business as H1 organic sales beat forecastNestle reported better-than-expected first-half organic sales growth, driven by price increases and a focus on premium brands. Despite a sl...
- Nestle sells US water business to One Rock for $4.3 billionThe sale to One Rock, which is partnering with Metropoulos & Co., involves well-known brands including Poland Spring and Deer Park. Nestle’...
- Naveen Kulkarni on what to expect from Nestle, Bajaj Fin or Trent in next 3 yearsThe macro situation seems to be much better than what it was three months back.
- Ferrero is said to be near deal for Nestle U.S. chocolatesFerrero, which has traditionally shied away from acquisitions, is expanding its portfolio beyond Nutella hazelnut spread, Tic Tac candies a...
- Continued pressure on Horlicks, destocking negatively impacted nutrition business: GSK
- Top 12 stocks in focus in Thursday's morning tradeAccording to technical analysts, the Nifty has potential to rally another 150 points once it manages to cross 8500 mark comfortably.
- Worth it? Nestle weighs options for L'Oreal stake sale conundrumA deeper push into personal care would follow a path blazed by peers P&G Co and Unilever, benefiting from faster growth in shampoos and cre...
- Nestle’s slowdown seen leading to fewer brandsNestle needs to reignite sales that have disappointed investors for four straight quarters. One solution: Get smaller.
- Novartis buys stake in Nestle eyecare unit for $11 bnNestle based in Switzerland said it would use the funds from the divestment to support opportunities for growth. Go nutty for health | In P...
- Nestle beats its long-term growth forecast of 5% to 6%Nestle, the world’s largest food company, raised its sales forecast for this year because of price increases and higher shipments of Easter...
- Candico chews over exit optionsCandico Ltd, the privately held confectionery player, is learnt to be scouting for a strategic investor either for a complete sellout or fo...
- Nestle plans to cut M&A spendingNestle, the world’s largest food company, is cutting its annual budget for acquisitions to $1.7 bn after spending $8 bn this year.
- Nestle confirms targets, shuns sugar takeovers
- Nestle buys baby food biz off NovartisSwiss food giant Nestle is buying the Gerber baby food business off pharma major Novartis for $5.5 bn.
- Reliance Retail eyes Nestle tie-upThere have been reports that Nestle is looking to restructure its dairy business in India.
- Nestle H1 net up 11% to $3.4bnNestle, the world’s largest food company, reported an 11.4% rise in first-half net profit as hedging efforts and price increases offset hig...
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