2018: * January - Sells its U.S. confectionary business to Ferrero for $2.8 billion, handing over control of brands Butterfinger, Crunch and Baby Ruth to the Italian manufacturer. The deal marked Schneider's first big sale, underlining the shift in focus toward healthier products. (reut.rs/2snYMX2) … [Read more...] about Factbox: Nestle CEO Schneider’s top deals
Johnson is also keen to strike a trade deal with the United States. While President Donald Trump previously promised a “massive” agreement, relations between London and Washington have been strained by Britain’s decision to allow the Chinese telecoms company Huawei [HWT.UL] a role in its mobile network and by a proposed British digital services tax. … [Read more...] about Factbox: Who are the key people in Britain’s trade talks?
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But the German-American CEO, who has conducted more than 50 transactions and reviews affecting 12% of group sales since taking charge in 2017, said portfolio management had been “a bit heavy on disposals and a bit light on acquisitions” recently. … [Read more...] about Nestle boss Schneider eyes more deals to bolster growth ambitions