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News Breaks
February 11, 2014
05:19 EDTNSRGYNestle creates Nestle Skin Health
Over several sessions the Nestle board has elaborated and approved a broadened strategic long-term orientation for the company, building on Nestlé's historic strength as a science-based nutrition, health and wellness company. The recent creation of Nestlé Health Science S.A. and the Nestlé Institute of Health Sciences reinforced this strategic direction and focus on helping consumers lead a healthier life through nutritional solutions from food and beverages to life-enhancing scientific products. Responding to increasing consumer needs, Nestle will extend its activities to include the field of specialised, medical skin treatments through the creation of Nestlé Skin Health S.A., a global leader focused on meeting the world's increasing skin health needs with a broad range of innovative and scientifically-proven products. Nestlé Skin Health S.A. will be managed as a wholly-owned Nestlé subsidiary with its own board and headquarters located in Lausanne.
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April 17, 2015
05:32 EDTNSRGYNestle confirms FY15 organic growth outlook of around 5%
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05:29 EDTNSRGYNestle reports three-month organic growth of 4.4%, 1.9% real internal growth
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April 16, 2015
11:44 EDTNSRGYNestle continues to streamline its business as competition heats up, WSJ says
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April 14, 2015
06:51 EDTNSRGYNestle in advanced talks to sell Davigel unit to Brakes Group, Reuters reports
Nestle is in advanced discussions for the sale of its Davigel frozen food group to Bain Capital's Brakes Group, Reuters reports, citing a source. A second source says the sale of the deal, which is being handled by Credit Suisse, could raise EUR200M-EUR300M. Reference Link

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