Cash-flush Nestlé’s CEO will look to niche market until the next big acquisition
Swiss company offloads its US ice cream business, but the question is: what will it buy?
Zurich — Nestlé CEO Mark Schneider keeps cutting the sugar and fat. The question is what he’ll add to spur growth at the world’s biggest food company.
In the CEO’s second-biggest disposal, the Swiss company sold its US ice cream business to a joint venture with private equity firm PAI Partners for $4bn...