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Nestle seen attracting interest from activists

Swiss firm's underperformance could draw such investors to Europe

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Nestle SA could be the next food company to draw interest from an activist investor after Bill Ackman targeted Mondelez International Inc.

London

NESTLE SA could be the next food company to draw interest from an activist investor after Bill Ackman targeted Mondelez International Inc.

Food and beverage companies have been popular targets for activist shareholders because of their bloated expenses and lacklustre growth

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