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Nestle SA (NESN.S)

NESN.S on Virt-X Level 1

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23 Jan 2018
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Mon, Jan 22 2018

UPDATE 1-Hedge fund Third Point pushes Nestle to do more faster -letter

BOSTON, Jan 22 Billionaire investor Daniel Loeb praised food group Nestle's chief, but is keeping up the pressure with demands that the company move faster to overhaul its strategy.

Hedge fund Third Point pushes Nestle to do more faster -letter

BOSTON, Jan 22 Billionaire investor Daniel Loeb praised consumer company Nestle's chief but is keeping up the pressure with demands that the company move faster in overhauling its strategy.

Nestle investor Third Point urges company to speed up disposals

LONDON, Jan 22 U.S. activist investor Third Point called on the board of Swiss company Nestle to clarify its corporate strategy and speed up the disposal of "ill-fitting businesses", in a letter to investors seen by Reuters.

Breakingviews - Nestlé fashions a more activist-friendly board

LONDON (Reuters Breakingviews) - Nestlé is making its board more activist-friendly. The chief executives of Adidas and Spain’s Inditex are among the heavyweight non-executive directors that the Swiss giant is proposing to appoint. Their e-commerce expertise will help steer efforts to sell more directly to consumers. They may also help to pre-empt any plan by activist Dan Loeb to install his own candidates.

Nestle nominates three board directors to help advance strategy

LONDON Nestle proposed three new independent directors to its board on Thursday, as the world's largest food company seeks to accelerate its transformation into a health-conscious company.

REFILE-Nestle nominates three board directors to help advance strategy

LONDON, Jan 18 Nestle proposed three new independent directors to its board on Thursday, as the world's largest food company seeks to accelerate its transformation into a health-conscious company.

BRIEF-Nestlé Nominates Three New Independent Directors To Board

* BOARD ALSO PROPOSES INDIVIDUAL RE-ELECTION OF CHAIRMAN AND OTHER CURRENT MEMBERS OF BOARD

UPDATE 1-Nestle to launch ruby chocolate KitKat in Asia

ZURICH, Jan 18 Nestle will launch a ruby chocolate version of its KitKat brand in Japan and South Korea this month, becoming the first consumer brand to market the new chocolate variety developed by Barry Callebaut.

Nestle to launch ruby chocolate KitKat in Asia

ZURICH, Jan 18 Nestle will launch a ruby chocolate version of its Kitkat brand in Japan and South Korea this month, becoming the first consumer brand to market the new variety developed by Barry Callebaut.

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products. | Video

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