Mrs. Bettencourt’s Exit Brings Obscurity in Future of Nestlé-L’Oréal Relationship
The Swiss food & beverage maker is likely to be left with a sizeable stake in the French cosmetics giant – L’Oréal, after the latter’s founding kin – the Bettencourt family – recently terminated an agreement, which was penned in the mid-70s. Uncertainty has clouded the top minds of Nestlé, as its outgoing chairman recently […]