Entries tagged "Nestle"
The latest fraud in the news did not defraud investors, but instead corporations that later sold some of the assets involved in the scams.
The London Daily Telegraph reported that Hershey Co. is working on selling a 25% stake in itself to Nestle SA, with an option for Nestle to buy the remaining stake within the next two years. ...
Nestle SA's sale of a 25% stake in eye-care company Alcon Inc. for $11 billion could give the acquisitive Swiss consumer products giant ammunition for more deals. With some notable consumer product businesses on the auction block, Nestle would have some high-profile brands to buy....