Speaking earlier today on the acquisition of US pet food producer Ralston Purina, CEO of Nestlé, Peter Brabeck, stressed: “We are perfectly on time in our progress.”
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Brabeck said that he had met with US regulators from the Federal Trade Commission last week. While there still remains that possibility that officials will insist upon business divestments by the Swiss behemoth to approve the purchase, these had not yet been discussed.
The deal should be wrapped up by the end of this year.
