Targeted company: Nestle headquarters in Vevey, Switzerland. After a busy year for activist investors targeting European companies such as Nestle SA, experts say firms are becoming more eager to address shareholder concerns before they escalate into public campaigns.
PETALING JAYA: Trading in Nestle (M) Bhd
’s shares will be suspended today to make way for a material announcement by the food and beverage giant.
Nestle said in a filing with Bursa Malaysia that the stock exchange had approved its request to temporarily halt the trading of its securities from 9am until 5pm.
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