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Nestlé's future may see less reliance on packaged foods

from Fox Business

Nestlé SA outlined a far-reaching strategic shift this week, days after activist investor Daniel Loeb, who has accumulated a 1.25 percent stake, asked for big changes. Nestlé promised new investment in its high-growth business like bottled water, coffee, infant nutrition and pet care. It also signaled it would consider consumer health-care acquisitions. more

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