Fate of $23 billion L'Oreal stake points to future of Nestle
date:Sep 11, 2013
, no Nestle executive has expressed any interest in a takeover in recent years, and the companies share little operationally apart from two dermatology joint ventures.

Any attempt would likely face resistance from the French government, hostile to foreign takeover attempts in the past.

Nestle, which started as Europe's first condensed milk factory 147 years ago before growing into a global food and beverages giant, selling everything from baby formula to bottled water, has been independently p
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