Tuesday, June 27, 2017

Nestlé Plans Share Buyback After Pressure From Third Point

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.

from WSJ.com: US Business http://ift.tt/2sY4UBG
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