Nestle stays silent on Hershey purchase claims

Swiss food giant Nestle today declined to comment on reports suggesting it is looking to snap up rival Hershey Foods in a $11.5bn (€11.86bn) deal.

Nestle stays silent on Hershey purchase claims
Mon, 26 Aug, 2002 - 14:47

Swiss food giant Nestle today declined to comment on reports suggesting it is looking to snap up rival Hershey Foods in a $11.5bn (€11.86bn) deal.

USA Today reported Nestle had made a preliminary bid for the US firm.

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CourtsHeathrowPlace: USPlace: ZurichPerson: Francois-Xavier PerroudOrganisation: NestleOrganisation: HersheyOrganisation: Hershey FoodsOrganisation: USA TodayOrganisation: Hershey Trust CoOrganisation: Milton Hershey SchoolOrganisation: Kraft FoodsOrganisation: Cadbury Schweppes
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