March 24, 2020 / 6:53 AM / 17 days ago

Nestle continuously monitors strategic options L’Oreal stake

FILE PHOTO: A Nestle logo in Lausanne, Switzerland April 11, 2019. REUTERS/Denis Balibouse

ZURICH (Reuters) - Food giant Nestle (NESN.S) said in its annual report published on Tuesday it was continuously monitoring returns and strategic options for its stake in French cosmetics firm L’Oreal (OREP.PA).

Nestle has a 23.3% stake in L’Oreal.

Reporting by Silke Koltrowitz; Editing by Michael Shields

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