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BRIEF-Third Point confirms Nestle stake
June 25, 2017 / 9:34 PM / 5 months ago

BRIEF-Third Point confirms Nestle stake

June 25 (Reuters) -

* Third Point Llc Says Owns Roughly 40 Mln Shares Of Nestle

* Activist investor third point llc says nestle should be able to improve margins by as much as 400 basis points

* Third point llc says nestle should buy back more stock

* Third point llc says nestle should undergo a comprehenseive portfolio review, monetize its stake in l‘oreal Source text for Eikon: Further company coverage: (Reporting By Michael Erman)

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