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April 10, 2014
12:04 EDTNSRGYNestle says slowdown could spark sales of underperforming units, WSJ says
Nestle plans to continue to to sell underperforming divisions as part of its on-going product-and-brand review, according to The Wall Street Journal, citing comments from CEO Paul Bulcke. CEO Bulcke said, "We are looking at our product and brand portfolio and analyzing it through a sharper, stricter lens. We are making choices about where we want to invest, where we want to improve and areas we want to divest." Reference Link
News For NSRGY From The Last 14 Days
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October 8, 2015
05:44 EDTNSRGYColombia fines sugar producers in win for Coca-Cola Femsa, Nestle, Bloomberg say
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October 5, 2015
07:12 EDTNSRGYNestle in talks with R&R to create ice cream JV
Nestle and R&R, a leading European ice cream company based in the UK, are in advanced discussions to set up a new joint venture covering ice cream based mainly in Europe and Africa. The proposed joint venture will capitalize on the complementary strengths and innovation expertise of the two companies. It will combine Nestle's strong and successful brands and experience in 'out-of-home' distribution with R&R's competitive manufacturing model and significant presence in retail.
September 25, 2015
06:48 EDTNSRGYCereal makers tweak recipes in emerging markets, WSJ says
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