As Nestle SA ruled itself out of bidding for Cadbury Plc., Kraft Foods Inc. bolstered its pursuit of the UK candy maker by raising the cash component of its 10.6 billion-pound ($17 billion) offer.
After requests from some shareholders, Kraft said Tuesday it would sell a pizza business to Nestle and use all the net proceeds [...]
The Wall Street Journal reports that Nestle, who is currently under investigation for a recent E.coli outbreak involving their Toll House cookie dough, has declined to provide certain documents for FDA investigation perusal in the past. These documents reportedly included recorded complaints of pest-control and consumer complaints.
Nestlé’s US baked products division has ordered the voluntary recall of all its Toll House frozen cookie dough products after some people have reportedly fallen ill after eating the uncooked product.
Nestlé Prepared Foods Co. has finally issued a recall on three of its Lean Cuisine entrees.
The danger is very real as small pieces of blue plastic have been found in the following Lean Cuisine meals: Pesto Chicken with Bow Tie Pasta, Chicken Mediterranean and Chicken Tuscan produced from August 18 to October 27.
Inquiries and more [...]
