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(Reuters) - Nestle shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk's blockbuster weight-losing drug Wegovy and how it could reduce spending on food.
Activist investors called for Nestlé to divide into three units with distinct CEOs, regional structures, and marketing heads - beverage, nutrition, and grocery; spin off more businesses that do not fit its model such as ice cream, frozen foods, and confectionery; and add an outsider with expertise in the food and beverage industry to the board.
Galderma SA is a Swiss pharmaceutical company specializing in dermatological treatments and skin care products. Formerly a subsidiary of L'Oréal and Nestlé, it had been held by a consortium of private institutional investors since 2019, until IPO in 2024.
Mondelez International, Inc. (/ ˌ m ɒ n d ə ˈ l iː z / MON-də-LEEZ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4]
Acqua Panna (Italy); Alaçam (Turkey) Al Manhal (Bahrain) Aqua Mineral (Poland) Aqua Pod; Aqua Spring (Greece) Aquarel (Spain) Arctic (Poland) Baraka (Egypt) Buxton (UK)
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Stouffer's is a brand of frozen prepared foods currently owned by Nestlé. [1] Its products are available in the United States and Canada.Stouffer's is known for such popular fare as lasagna, macaroni and cheese, meatloaf, ravioli, fettuccine Alfredo, and salisbury steak.
Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation."