1. Nestle

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    2. Dan Loeb's Third Point calls for Nestle Changes

      Dan Loeb's Third Point calls for Nestle Changes
      Activist investor Dan Loeb's Third Point LLC is keeping pressure on Nestl SA, saying the giant consumer company needs to do more to realign its portfolio, including getting out of its stake in cosmetics giant L'Oral SA. The activist, writing to his own investors, says Nestl has taken some "important" steps recently, pointing to new board members the company announced and plans to increase margins, but believes more ...
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  2. Quotes about Nestle

    1. Speculation will now inevitably be reignited around Nestle's intentions towards its L'Oreal stake.
      In L'Oreal Advances on Prospect of Sale of Nestle's Holding
    2. Nestle's recent announcement that it would explore strategic options for its U.S. confectionery business is consistent with this overall approach.
      In Nestle Plans US$20.8B Share Buyback after Third Point Pressure
    3. It is rare to find a business of Nestle's quality with so many avenues for improvement.
      In Nestle Plans US$20.8B Share Buyback after Third Point Pressure