6 result(s) displayed (1 - 6 of 6):
Nestle SA chairman Peter Brabeck says he doesn't expect to make any acquisitions larger than $200 million to $300 million in the near term, according to Dow Jones Newswires. That dampens speculation (some of it in this space) that the $39 billion the company will get by selling Alcon, its...
Posted on June 16, 2008 4:30 PM
Since Bristol-Myers Squibb Co. announced a strategic review for its Mead Johnson division, maker of infant formula Enfamil and other products, there's been speculation -- some of it here -- about who might buy the unit. Thursday, along with its quarterly results, the restructuring company announced the following:Bristol-Myers Squibb currently...
Posted on April 24, 2008 11:10 AM
News of Novartis AG buying Alcon Inc. from Nestle SA brings several thoughts to mind. The first, noted in Andrew Bulkeley's article in The Deal, is that the $11 billion in cash Nestle will reap in the first step of the deal is more than enough to pay for the...
Posted on April 7, 2008 1:42 PM
Coca-Cola Co. beat analyst expectations, reporting a fourth-quarter net income increase to $1.21 billion from $678 million in the previous quarter. The boost: soda sales in the emerging markets, a weak dollar and the noncarb drinks it has...
Posted on February 13, 2008 1:12 PM
How do you grow an $81 billion food company, already the world's largest? For Nestlé, there are multiple answers. Among them: Build a $3 billion Halal food business to serve the world's 1.6 billion Muslims. Make acquisitions when the opportunity arises, as happened last month when Nestlé agreed to...
Posted on June 15, 2007 10:34 AM
The M&A market will inevitably cool, but more efficient processes for selling companies are likely to be a permanent part of the scene.
Posted on August 16, 2006 12:30 PM
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