Nestlé on Tuesday announced plans to launch a $20.8 billion share buyback, focus its capital spending on categories like coffee and pet care, and look for consumer health care acquisitions, a move that comes after it found itself the target of activist investor Third Point.
NYS Entity Status
NYS Filing Date
JUNE 20, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - ON THE MOVE PET CARE, LLC
AROUND THE WEB
- Nestlé Plans Share Buyback After Pressure From Third Point
Tuesday Jun 27, 2017
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The fund, run by Daniel S. Loeb, has called on the Swiss food giant to sell its stake in L’Oréal and move more quickly to adapt to changing consumer tastes.
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