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Tag: packaged foods

Nestlé Sells $10 Billion of L’Oréal Shares Back to Beauty Giant

December 8, 2021

Via: The Wall Street Journal

Nestlé S.A. has agreed to reduce its stake in L’Oréal SA in a $10 billion deal that allows the world’s biggest packaged-foods maker to capitalize on a rally in the French beauty giant’s share price. The maker of Nescafé coffee […]