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September 8, 2008 3:26:16 AM CDT

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Stories related to: Nestle

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4 Stories

  • April 2008

    • Novartis, Nestle Agree to $39B Deal on Alcon

      Wall Street Journal  |  Apr 7, 08 7:11 AM CDT

      Novartis, Nestle Agree to $39B Deal on Alcon

      (Newser) - Nestle and pharma giant Novartis continued swapping brands today, with Novartis, which sold Gerber to Nestle last year, agreeing to pay $39 billion for a 77% stake in eye-care company Alcon, reports the Wall Street Journal . The two-step deal—Novartis will pay $11 billion for 74 million shares this year and buy the remaining shares by 2011—is among the largest in Swiss history. More »

      Tags

      Novartis  • Nestle

  • February 2008
  • December 2007

    • Chocolate Makers Face Sticky Probe

      Wall Street Journal  |  Dec 20, 07 5:25 PM CST

      Chocolate Makers Face Sticky Probe

      (Newser) - Following a similar investigation in Canada last month, the Justice Department has launched a probe into possible price-fixing in the US chocolate industry. The suspects form a rich, creamy lineup: M&M maker Mars acknowledged it has been contacted by the DOJ, the Wall Street Journal reports. Nestle, too, says it is aware of the investigation but has not yet been contacted. Other makers declined comment.   More »

      Tags

      Department of Justice  • antitrust  • chocolate  • price fixing  • Hershey  • Nestle  • Cadbury Schweppes

  • August 2007

    • Dark Chocolate Gets Sweeter Every Day

      Los Angeles Times  |  Aug 22, 07 1:10 PM CDT

      Dark Chocolate Gets Sweeter Every Day

      (Newser) - Overall chocolate sales are down, but Americans are increasingly indulging their sweet tooth with dark chocolate. The bitter, coffee-flavored treat is on the rise: Last year, dark chocolate sales surged 15% while sales of more popular milk chocolate dipped 5.5%. And boosted by claims of health benefits, dark chocolate accounted for 63% of all new chocolate products in 2006. More »

      Tags

      FDA  • Mars  • chocolate  • antioxidants  • Hershey  • flavonoids  • Nestle

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