date:Dec 09, 2013
have gained 153 percent since the FIS sale was announced in Jan. 2002.
Nestl has been very satisfied with its holding but believes now is the appropriate time to divest, it said in a statement.
Nestle is the second biggest shareholder in Givaudan with a 10.03 percent stake as of 27 November. U.S. billionaire Bill Gates is the top shareholder with 10.3 percent.