BRIEF-Third Point confirms Nestle stake
* Activist investor third point llc says nestle should be able to improve margins by as much as 400 basis points
Dec 20 Guangdong Tonze Electric Co., Ltd. :
* Says it raised 440.0 million yuan fund via private placement
* Says this was part of the plan disclosed on June 15
Source text in Chinese:goo.gl/oLuWcL
Further company coverage: (Beijing Headline News)
June 25 Russian billionaire Mikhail Fridman's fund L1 Retail has agreed to buy health food chain Holland & Barrett for about 1.8 billion pounds ($2.3 billion), according to a source familiar with the matter.