Nestle CEO Schneider sees excellent M&A opportunities (translated)
18 FEB 2017
Nestle [NESN:VX], a Swiss consumer products group, believes there are excellent M&A opportunities in the health, foods, and beverages markets, Euro am Sonntag reported. The German-language magazine quoted Ulf Mark Schneider, the chief executive of Nestle. However, Schneider made clear in the report that Nestle needs to restructure its underperforming segments before it starts making acquisitions.
Nestle has a market cap of CHF 229.833bn.
The original article was published in this week’s print edition of Euro am Sonntag (“Invest” section).