Nestle SA is reportedly looking to up its stake in Nestle India to 75% from the current 62.8% and is planning to do so via share buyback. Further, Nestle India’s share buyback is seen at healthy premium to market price.
Nestle has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.
Nestle has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.
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