International Business

Nestle to mull acquiring nutri biz of Speciality Foods

FMCG major Nestle today said its board of directors, in a meeting scheduled to be held on December 9, would consider the acquisition of nutrition business of Speciality Foods India. - Nestle: Pasta time - Kaya to invest Rs 100 cr on expansion - Nestle said to consider options for Cadbury - Nestle India posts robust growth in Jan-Sept - All Perk-ed up - Dabur alleges US firm of infringing on its trademark A meeting of board of directors will be held on December 9 to consider the proposal of Speciality Foods India for a possible acquisition of its healthcare nutrition business by Nestle," the company said in a filing to Bombay Stock Exchange. Speciality Foods India, which sells its nutritional and healthcare products under brands such as Resource, Optifast, Spert etc has reported a revenue of Rs 28.8 crore for the fiscal ended March 31, 2009.

best bars to host Corporate Gatherings Singapore commented:

I would like to thank you for some of the useful information you shared. Informative with great work.

12.03.2012


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Agarwal leads race for pension regulator's job
IDBI Bank Chairman and Managing Director Yogesh Agarwal has emerged the frontrunner for the post of the chairman of the Pension Fund Regulatory and Development Authority (PFRDA).
Popular Articles

Subir Roy: Reengineering higher education
Subir Roy / New Delhi July 22, 2009, 0:51 IST

Madras HC dismisses Subhiksha plea
The Madras High Court today dismissed Subhiksha’s scheme of arrangement proposal, which was filed by Cash and Carry Wholesale Traders Private Limited (C&C), a subsidiary of cash-strapped Subhiksha Trading Services.