date:Aug 08, 2014
of several large consumer groups selling underperforming assets to free up resources for its top brands. It is also investing in its new capital-intensive business opportunities in nutrition and health science.
It has sold its Juicy Juice drinks, most of its Jenny Craig diet business and its PowerBar energy bars and said other disposals could follow. It bought injectable wrinkle treatments from Valeant Pharmaceuticals (VRX.TO) for $1.4 billion to strengthen the skin health business after it agr