Nestle and L'Oreal: The "Elephant in the Room"
In 2018, Nestl , the Switzerland-based, multinational food and nutrition company, faced an activist campaign by Third Point LLC regarding the company's passive stake in L'Or al. In its June 2017 letter, which was followed up by a July 2018 reminder, the activist fund urged Nestl to sell its L'Or al stake and use the funds to strengthen its position in its core health and nutrition markets. L'Or al was also asking Nestl to clarify its position regarding the investment. Nestl 's recently appointed chief executive officer needed to make a decision regarding the L'Or al stake. How should he address the activist fund and respond to L'Or al's request? Ram Subramanian is affiliated with Stetson University.
【書誌情報】
ページ数:7ページ
サイズ:A4
商品番号:HBSP-W19607
発行日:2019/10/29
登録日:2020/1/23