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Nestlé Investors' Disquiet Grows

Stock Market Quotes and News

Nestlé SA's chairman is facing mounting opposition from some shareholders who say the former chief executive isn't helping his successor's efforts to reinvigorate growth at the world's largest packaged-foods maker. The maker of Nescafe coffee and Purina pet food has been under pressure since activist investor Daniel Loeb's Third Point LLC disclosed a $3.5 billion stake in the company last year and called for a raft of changes...

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