Nestle Considers Sale of Two Chinese Units for Over $1 Billion -Bloomberg

Date : 10/30/2019 @ 5:20AM
Source : Dow Jones News
Stock : Nestle S.a. (PC) (NSRGY)
Quote : 111.44  -0.28 (-0.25%) @ 9:25PM
Nestle S.a. (PC) share price Chart

Nestle Considers Sale of Two Chinese Units for Over $1 Billion -Bloomberg

Nestle S.a. (PC) (USOTC:NSRGY)
Historical Stock Chart

3 Months : From Oct 2019 to Jan 2020

Click Here for more Nestle S.a. (PC) Charts.

--Nestle SA (NESN.EB) is weighing a sale of two Chinese units, and is seeking over $1 billion for its controlling stakes in the units, Hsu Fu Chi and Yinlu, Bloomberg reported, citing unnamed sources.

--The Swiss food giant may sell only part of its stakes in one or both of the units, which have faced sluggish growth in recent years, according to Bloomberg.


Full story:


Write to Singapore editors at


(END) Dow Jones Newswires

October 30, 2019 01:05 ET (05:05 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest NSRGY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20200129 21:41:17