Where else will Nestle look for a pizza the action?
By: Michelle Russell | 6 January 2010
Nestle has grabbed the early M&A headlines in 2010 with a sale of its stake in eye-care firm Alcon and with the gobbling up of Kraft Foods' pizza business across the Atlantic. The Swiss food giant's deal with Kraft nixed any rumours that it would use the Alcon cash to fund a sortie for Cadbury but, as Michelle Russell reports, the acquisition has cast questions over the world's largest food group's commitment to health and wellness - and its future M&A ambitions.
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Nestle has grabbed the early M&A headlines in 2010 with a sale of its stake in eye-care firm Alcon and with the gobbling up of Kraft Foods' pizza business across the Atlantic. The Swiss food giant's deal with Kraft nixed any rumours that it would use the Alcon cash to fund a sortie for Cadbury but, as Michelle Russell reports, the acquisition has cast questions over the world's largest food group's commitment to health and wellness - and its future M&A ambitions.
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