real-time news and commentary for investors
Tuesday, Oct 8
Nestle reportedly looking to sell Jenny Craig
- Three sources tell Reuters Nestle (NSRGY.PK) is looking to sell its Jenny Craig weight-loss program/diet food business as part of its asset sale efforts. Goldman is said to be assisting with the process.
- Two weeks ago, Reuters reported Nestle's PowerBar energy bar unit is on the block. Analysts think several other Nestle units might also be worth selling.