Nestle India’s July-September net profit falls 1.4%, revenue rises
NEW DELHI: Nestle India on Friday reported 1.37 per cent decline in its net profit, on a year-on-year basis, for the July-September quarter, at Rs 587.09 crore. During the corresponding period of the last financial year, it had reported a net profit of Rs 595.27 crore. Nestle India’s revenue from operations during the period under […]
Nestle to buy Aimmune Therapeutics for $2.6 billion
ZURICH:Nestle (NESN.S) said on Thursday it was offering $34.50 per share for the remaining 74.4% in peanut allergy treatment maker Aimmune Therapeutics (AIMT.O) it does not already own, adding a potential blockbuster to its health science portfolio. The offer values the California-based biopharmaceutical company at $2.6 billion, including the $473 million Nestle had already invested […]