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View Full Version : Nestle Using Strong Franc in Takeovers Puts Mead Johnson in Play: Real M&A - Bloomber



NewsWhore
09-14-2011, 03:11 AM
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Nestle Using Strong Franc in Takeovers Puts Mead Johnson in Play: Real M&A (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGOcL9Xq1Yh6HN32_eXvkg-v-_E9Q&url=http://www.bloomberg.com/news/2011-09-14/nestle-using-strong-franc-in-takeovers-puts-mead-johnson-in-play-real-m-a.html)
Bloomberg
Nestle, which spent 10 billion Swiss francs ($11.4 billion) on buybacks in the past 14 months, will stop buying shares and may instead pursue acquisitions, Chief Financial Officer James Singh said last month after the currency reached a record. ...

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