Nestle makeover advances with $10 billion sale of skin health unit – Moneycontrol

Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.1 billion), as the food group shifts its portfolio in response to changing consumer demands. The proposed transaction with private equity firm EQT, a unit of the Abu Dhabi Investment Authority and…

View More Nestle makeover advances with $10 billion sale of skin health unit – Moneycontrol

Nestle India gives investors something to munch on – Livemint

Mumbai: The mood at Nestle India Ltd is cheerful. The company’s shares traded higher Wednesday morning, after its March quarter numbers were announced. While last quarter’s results were not overly impressive, it is possible that investors are taking some comfort from the management commentary. At a time when consumer companies are harping on demand slowdown,…

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Nestle’s organic play: To launch organic milk products in India; other highlights from Q1 results – The Financial Express

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View More Nestle’s organic play: To launch organic milk products in India; other highlights from Q1 results – The Financial Express

Nestle India releases statement on presence of lead in 2-minute noodles, company welcomes SC ruling – Times Now

Nestlé India in its press release mentioned that it welcomes the orders passed by Honourable Supreme Court in  Noodles matter on Thursday.&nbsp | &nbspPhoto Credit:&nbspBCCL New Delhi: The widely-consumed noodles once again came back into controversy on Thursday after the manufacturing company- Nestle admitted the presence of lead in the noodles. The Supreme Court revived action…

View More Nestle India releases statement on presence of lead in 2-minute noodles, company welcomes SC ruling – Times Now

Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale

Nestle, Unilever and Coca-Cola are among bidders for GlaxoSmithKline’s Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said. Initial bids were due on September 17 and the three consumer goods giants are seen as frontrunners for a business that offers a significant footprint in a fast-growing emerging…

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Nestle India jumps 6% to hit record high after partnership with Flipkart to launch MAGGI noodles

Nestle India share price rallied 6 percent intraday to hit a record high of Rs 11,548 after partnership with Flipkart to launch MAGGI Special Masala noodles. As a part of the partnership, from August 21 consumers can pre-book MAGGI Special Masala Noodles on Flipkart, the company said. The company further said this product would also…

View More Nestle India jumps 6% to hit record high after partnership with Flipkart to launch MAGGI noodles

Nestle India: Noodles good, coffee better in first half of 2018

While the outlook for Nestle India’s growth appears positive, a 43% increase in the stock in the past six months indicates that it may already be priced in. Nestle India Ltd’s beverages portfolio hit one out of the park in the first half of calendar year 2018 (H1 CY18). The Maggi noodles build-up continued to…

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