date:Jun 09, 2014
to believe that acquisitions may be back on the agenda.
Management appeared to acknowledge that an acquisition may eventually be needed in order for them to achieve scale and relevance (in the U.S. confectionery market), Jefferies wrote in a note. Nestle remains open to bolt-on acquisitions, announcing a $1.4 billion deal last month to expand in injectible wrinkle treatments.
Other targets in chocolate could possibly include Godiva, though its owner, Turkish conglomerate Yildiz Holdings, in O