Investor Plans To Shake Things Up At Nestle
Third Point, a U.S. based hedge fund, has recently purchased a 1.3 percent stake in food conglomerate, Nestlé. Known for convenience foods such as Stouffer’s and Toll House, the manufacturer has been struggling to produce market growth. This comes as consumers have shifted their focus to locally sourced, healthier food choices. Nestlé CEO, Mark Schneider, […]
7y ago