date:Sep 11, 2013
ial mask maker Magic Holding International for HK$6.54 billion ($840 million).
Formerly best-in-class Nestle, which is grappling with disappointing results for the first time in years, will be grilled on the issue at an investor seminar at its Vevey headquarters on September 30 and October 1.
Were Nestle to decide to sell out, L'Oreal could buy back its shares and cancel them, a move that analysts gauge would lift earnings per share for remaining shareholders by around 20 percent.
Depending o