Nestle has inaugurated a research institute aimed at developing more sustainable packaging for its products and reducing plastic waste, to the dissatisfaction of environment protection group Greenpeace.
Swiss food giant Nestle said Thursday it is in talks to sell its skincare business to a group led by a Swedish private equity firm and the Abu Dhabi Investment Authority.
The health science arm of Nestle South Africa (SA) will pay $98 million to raise its stake in Aimmune the rapeutics, as the drug developer prepares to submit a marketing application for its peanut allergy treatment by the end of the year.
Aspen Pharmacare has agreed to sell its infant formula business to Lactalis for 12.9 billion rand ($865 million) to focus on core activities while the French buyer looks to revive its baby milk expansion after a health scandal.
Swiss food giant Nestle announced Monday it will pay $7.15 billion in cash for the rights to market Starbucks products around the world, outside of the company’s coffee shops.