Nestle SA

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Nestle: Zimbabwe accounts back to normal

AP News 40 days ago

Nestle says Zimbabwe accounts back to normal after report of freezing, audit Nestle says its Zimbabwe banking is back to normal just days after newspapers reported that the government froze their accounts and ordered an audit after the company stopped buying milk ...

Nestle probed after Mugabe milk deal sours

AP News 41 days ago

Zimbabwe freezes Nestle's accounts, cries foul after it stops buying Mugabe farm milk Zimbabwe's central bank chief says the government has frozen Nestle's local accounts and ordered an audit after Nestle stopped buying milk from a farm owned by President Robert Mugabe's ...

Nestle stops buying Mugabe farm milk

AP News 51 days ago

Nestle, facing boycott, stops buying milk from farm owned by Mugabe's wife Nestle says it will stop buying milk from Zimbabwean President Robert Mugabe's wife's farm after facing worldwide boycott threats. The international food company said in a statement Thursday that it ...

Nestle to stop buying milk from Mugabe's farm

AFP Global Edition 51 days ago

Nestle said Thursday that it will stop buying milk from a farm owned by Zimbabwe President Robert Mugabe's family, who seized it from white farmers under his controversial land reforms. The world's biggest food company said in a statement on its website ...

SWEET ON CADBURY

BusinessWeek 65 days ago

SWEET ON CADBURY A bidding war in a candy store: That's what Kraft Foods surprise $16.7 billion offer for Cadbury could turn into. The British confectioner quickly spurned the Sept. 7 bid, and analysts expect Kraft, the world's No. 2 food purveyor ...

Nestle warns of possible exit from Switzerland

AFP Global Edition 70 days ago

The world's biggest food company Nestle could leave its homebase Switzerland if Bern imposes a cap on executives' salaries, the group's chairman said in remarks published on Sunday. "It would be the beginning of an end," Peter Brabeck told Swiss newspaper Sonntag, ...

Kraft primed to sweeten $16.7 billion Cadbury bid

Reuters US Online Report Business News 75 days ago

LONDON (Reuters) - Kraft Foods <KFT.N> said it was intent on pursuing Britain's Cadbury <CBRY.L>, which soared in value after it snubbed a premium-rich bid from the U.S. group, reinforcing hopes of a broader-based pick-up in merger activity. Analysts said North America's ...

Kraft Foods launches Cadbury takeover bid

AFP Global Edition 75 days ago

US food giant Kraft Foods launched a 10.2-billion-pound bid for rival Cadbury on Monday, an offer spurned by the British group as takeover activity appeared to be returning to the market. Cadbury said it had rejected the offer, worth the equivalent of ...

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