SWITZERLAND: Nestlé purchase of Ralston Purina on track
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." Brabeck said that he had met with US regulators from the Federal Trade Commission
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.”
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.
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