Cash rich Nestlé’s M&A allergy bet sours. CEO comes clean; time to rewrite Rx playbook
M&A has long been part of Nestlé’s DNA, organic growth alone hasn’t made it the world’s largest food company. Rowntree chocolate (Kit Kat), Purina pet care, Gerber baby food are amongst its most famous plays. I worked in the company for 17 years in several markets – a requirement for all global executives – and …
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