Fate of $23 billion L'Oreal stake points to future of Nestle
date:Sep 11, 2013
rst refusal with the Bettencourts, arguing that the lock-up depresses the value of the stake.

He said Nestle wanted to keep options open, which include maintaining the status quo.

That prompted speculation that the maker of Nescafe coffee, KitKat chocolate bars and Purina dog food might be preparing to part company from the world's biggest beauty firm, which makes Lancome skin cream, Garnier shampoo and Maybelline mascara.

The comment makes us think that Nestle has no intentions to increase i
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