Round and round the money goes. After agreeing to sell its stake in Alcon (ACL), Nestle...

|About: Alcon Inc. (ACL)|By:, SA News Editor

Round and round the money goes. After agreeing to sell its stake in Alcon (ACL), Nestle (NSRGY.PK) is buying Kraft's (KFT) frozen pizza unit for $3.7B in cash. Kraft, in turn, is using the funds to raise its hostile bid for Cadbury (CBY) by 60 pence ($0.97) per share. (PR I, II)