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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...- Haleon may rope in ex-MD of Castrol India to head local bizHaleon India is reportedly set to appoint Kedar Lele, the outgoing MD of Castrol India, as its new chief early next year. Lele will succeed...
- 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...
- As HUL reviews ice-cream biz, cos line up for a scoopHindustan Unilever has set up a committee of independent directors to evaluate the future of its ice-cream business, sparking interest from...
- Tata ceases discussions with Bisleri to acquire the packaged water giant"The company wishes to update that it has now ceased negotiations with Bisleri with regard to a potential transaction and to confirm that t...
- 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’...
- With $3.4B cash bid, Unilever may bag GSK’s nutrition businessThe deal, if finalised, will strengthen Unilever’s position in India, its most important emerging market.
- 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
- Why ITC can do better than HUL in food businessThere are lot of regional players doing well in foods, but very few national ones. So, how does the space looks like for the two largest FM...
- DS Group may buy Le Marche soon“We could either divest Le Marche as a complete entity or divest part equity. We are exploring all options.”Le Marche Retail director Nakul...
- Danone, Fonterra & Nestle vie for Hyderabad-based Creamline Dairy stakeThree of the world's biggest dairy firms - Danone, Fonterra and Nestle - are in contention to acquire a stake in Hyderabad-based Creamline ...
- 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.
- In brand wars, small cos slay FMCG biggiesFrom known players like Paras Pharma, Cavin Kare, Zydus Wellness & MTR to lesser-known ones like Capital Foods, Desai Brothers & Temptation...
- 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.
- Reliance Retail eyes Nestle tie-upThere have been reports that Nestle is looking to restructure its dairy business in India.
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