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Nestlé sells 10% stake in Givaudan

2:46 PM MST | December 16, 2013

Nestlé has announced plans to sell its 10% stake in Givaudan via a private placement to investors. The placement is being managed by Goldman Sachs. The stake is valued at 1.1 billion Swiss francs ($1.3 billion), based on Givaudan’s current share...

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