-
Nestlé SA sells its stake in Givaudan SA
In December 2013, Nestlé SA sold its 926’562 shares, representing an approximate 10.03% stake, in the Swiss fragrance and fl avour maker Givaudan SA. Nestlé SA had acquired the shares in 2002 when it sold Givaudan SA its food ingredient company FIS for a combination of cash and stock worth CHF 750 million. The transaction…
Reference: CapLaw-2014-8