date:Jan 07, 2014
October it would dispose of underperforming businesses to slim down its sprawling portfolio which spans from bottled water to baby food.
The global food company with headquarters in Vevey on lake Geneva has since announced the disposal of the bulk of its Jenny Craig weight-loss business. It also sold a 10 percent stake in fragrance and flavor maker Givaudan (GIVN.VX) for over a billion Swiss francs.
Brynwood Partners said last month it had acquired the SnackWell's cookies and snacks business