NESTLE

Kraft ups cash part of Cadbury bid, helped by Nestle

Kraft Foods Inc on Tuesday said it was raising the cash portion of its hostile 10 billion pound ($16 billion) takeover offer for Britain's Cadbury Plc by 60 pence per share, funded by a deal to sell its North American pizza unit to Swiss food giant Nestle.

Harassed Nestle halts Zimbabwe operations

Swiss food company Nestle has suspended operations in Zimbabwe, complaining of harassment after it pulled out of a deal to buy milk from a farm taken over by President Robert Mugabe's family.

Nestle stops Zimbabwe operations after pressure

Swiss food company Nestle has suspended operations in Zimbabwe, complaining of harassment after it pulled out of a deal to buy milk from a farm taken over by President Robert Mugabe's family.

Nestle may consider a bid for Cadbury: report

Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion pound ($16.3 dollars) bid by Kraft Foods Inc and a potential move by Hershey , Bloomberg reported on Sunday.

Nestle speeds ups buyback, may sell Alcon stake

Cash-rich Nestle SA, the world's biggest food group, said it was speeding up a programme to buy back shares and was likely to raise fresh funds from the sale of its stake in eye care firm Alcon.

Kraft plays down talk of higher Cadbury bid

Kraft played down speculation on Tuesday that it would be prepared to raise its offer for Cadbury PLC , after the British chocolate company rejected its 10.2 billion pound ($16.7 billion) offer.

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Kraft will be disciplined over Cadbury: exec

Kraft is the most logical buyer for British chocolate firm Cadbury , but the U.S. rival will remain financially disciplined, one of the company's executives said on Tuesday.
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Kraft primed to sweeten $16.7 billion Cadbury bid

Kraft Foods said it was intent on pursuing Britain's Cadbury , 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.
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Nestle says no plans for big acquisitions

Nestle, the world's biggest food group, said on Thursday it had no plans for a big acquisition with cash from its Alcon stake sale, despite long-term speculation linking it with L'Oreal.
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Nestle trims 2009 outlook as sales disappoint

Nestle , the world's biggest food group, pared its full-year outlook on Wednesday after missing forecasts with first-half organic sales growth of 3.5 percent, knocking its shares lower.
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Nestle Waters eyes acquisitions to plug sales leak

Nestle's bottled water business is eyeing acquisitions in emerging markets to help end a slump which has made it the worst performer in the food giant's sales, Nestle Executive Vice-President John Harris said.
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