Nestle S.a. (PC) (USOTC:NSRGY)
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--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: https://bloom.bg/2WopLNn
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(END) Dow Jones Newswires
October 30, 2019 01:05 ET (05:05 GMT)
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