Nestle sales disappoint, doesn`t plan L`Oreal stake increase
(WorldNews Switzerland)

GENEVA (AP) -- Swiss food and beverage giant Nestle said Thursday that it does not plan to increase its stake in the L'Oreal cosmetics empire, despite now having the legal option to do so, and is exploring options for its Gerber Life Insurance business. The announcement came as the company based in Vevey, Switzerland,...