Business Today

NESTLE LOOKS TO BUY $4BN ORGANIC FOOD MAKER

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Nestlé S. A. has joined the list of companies looking at buying Hain Celestial Group, a US- based maker of organic and vegetarian food. It is an attempt by the Swiss giant to expand into healthier fare. Other companies, including US food makers and buyout fi rms, are also interested, Bloomberg reports. However, Hain may also decide against a sale. The company is valued at more than $ 4 billion.

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