Word: nestlã
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...Cadbury doesn't control its own chocolate brand in the U.S., having sold those rights to Hershey in 1988 under a 25-year agreement that only Hershey can terminate. The idea at the time was that Hershey had the distribution power Cadbury was lacking to compete with Mars and Nestl??. But losing control of your own brand's destiny in a major market doesn't look smart today...
Logically, it made Cadbury and Hershey potential merger partners. Indeed, Cadbury has had on-and-off merger talks with Hershey for more than a decade and even teamed with Nestl?? in a failed $10.5 billion bid for Hershey in 2002. The latest talks occurred in 2007 between Stitzer and then Hershey CEO Richard Lenny. But Lenny was ousted from Hershey in an ugly shake-up later in the year. Hershey continues to stumble--most recently when it raised prices 10% in response to rising costs, a move that hit its stock hard...
...took steps to start fixing the problem, petitioning the Securities and Exchange Commission (SEC) to require public companies to fully disclose their financial risks from climate change. That was followed on Oct. 9 by the launch of the Supply Chain Leadership Coalition, a new grouping of large multinationals, including Nestl?? and Unilever, formed to encourage suppliers to detail their greenhouse-gas emissions. Both groups argue that climate risk should become an essential part of financial reporting, no different from a price-to-earnings ratio. "This is about being able to judge the viability and the value of your investment," says...
Danone, which had $19.6 billion in sales last year, is the world leader in yogurt and fresh-dairy sales and, with bottled-water brands like Evian and Volvic, No. 2 in the packaged-water industry, behind Nestl??. Danone was also No. 2 in world cookie sales until July 3, when it sold its cookie division to Kraft Foods Inc. for $7.4 billion. Six days later, Danone bought Royal Numico, a Dutch company that makes hospital meals and baby food, for $17.2 billion...
...Jeffery, President and CEO, Nestl?? Waters North America, GREENWICH, CONN...