Aspen to buy Nestle infant food business

Aspen Pharmacare has plans to buy Nestle's infant nutritional business for $215m, the company says.

• Aspen profit up, Asia unit robust
• Aspen boosts profit, Asian unit robust
• Aspen: Earning to between rise 18%-24%
• Aspen buys GSK Aussie drugs for R2.2bn
• Aspen unit to buy drug portfolio from GSK
• Aspen finalises GSK deal for £164m

China destroys Ikea cake, Nestle chocolate

Chinese authorities say they have destroyed nearly two tons of chocolate cake imported by Sweden's Ikea for violating food quality standards.

• After meatballs, Ikea withdraws sausages
• Horsemeat found in Swedish meatballs
• Horsemeat scandal hits Nestle

Nestles buys US medical nutrition company

Swiss food giant Nestle says that it had acquired Pamlab, as the company pushes further into what it considers a growth segment.

• Nestlé to buy Pfizer baby food unit
• Nestlé buys 60% of Chinese confectioner
• Nestle earnings up 8.9%

Nestlé finds horsemeat in beef pasta

Nestlé, the world's biggest food company, has removed beef pasta meals from sale in Italy and Spain after finding traces of horse DNA.

• Nestle: Horsemeat scandal affects us all
• The horsemeat scandal:
• Horsemeat scare hits UK consumers hard

Nestle: Horsemeat scandal affects us all

Nestle SA says a scandal in Europe about the use of horsemeat in products labelled as beef hurts the whole industry.

• Horsemeat scandal: SA safe
• Companies under scrutiny over horsemeat
• EU set to meet on horsemeat scandal

Nestlé to buy Pfizer baby food unit

Nestlé is to acquire Pfizer's infant food division, which makes most of its sales in emerging markets, for $11.9bn.

• Nestlé helped by price hikes
• Nestlé recruits new CFO from Walmart
• Nestlé buys 60% of Chinese confectioner

Nestlé posts strong Q4 sales growth

The world's largest food group Nestlé has reported higher-than-forecast fourth-quarter sales for a "challenging" 2011, but does not expect this year to be easier.

• Nestlé buys 60% of Chinese confectioner
• Watchdog withdraws milk processors case
• Nestle's 2010 profits soar

Nestlé recruits new CFO from Walmart

Shares in Nestlé, the world's largest food group, gained as the market gave a cautious welcome to a Walmart executive to replace Jim Singh as chief financial officer.

• Nestlé buys 60% of Chinese confectioner
• Nestlé invests in SA expansion
• Watchdog withdraws milk processors case

Lactose-intolerant dogs get ice-cream

Swiss food giant Nestle says it has a treat in store for dogs keen for an ice-cream to cool down in the summer heat.

Watchdog withdraws milk processors case

The Competition Commission has withdrawn its long running prosecution of milk processors Clover, Nestle, Parmalat and Ladismith Cheese, that started in December 2006.

• Clover to merchandise Danone products
• Clover ups sales, market share
• Clover restructuring affects earnings
• Clover rises 4.5% in JSE debut
• Clover prices IPO at middle of range
• Clover expects supply problems

Nestlé invests in SA expansion

Global food firm Nestlé is to increase operations in South Africa as part of its focus on emerging markets.

• Nestle mulls return to palm oil
• Nestle profits ignore expected slowdown
• Zim Nestle's accounts unfrozen
• Nestle sweeps up profits
• Nestle's sweet smell of success

Nestlé slammed for bio-pirating

Multinational food giant Nestlé has been accused of bio-pirating South Africa's genetic resources.

Zim assures Nestlé on safety

Zimbabwe has reassured food giant Nestlé on the safety of its staff after a dispute on buying milk from President Robert Mugabe's farm prompted the firm to suspend operations.

• Nestle's Zim accounts frozen
• Nestle shuts Zim milk factory
• 'Boycott Nestle products'

A choc a day keeps stress away

Researchers have found that eating a small bar of dark chocolate a day for two weeks reduced the levels of stress hormones in highly stressed people.

• Job stress linked to depression
• Feeling itchy? It may be stress
• Stress adds years to face

'Boycott Nestle products'

A rights organisation Afriforum is calling on consumers to boycott Nestle products if it doesn't stop buying milk from a dairy farm belonging to Grace Mugabe, wife of President Robert Mugabe.

• Nestlé Zim confirms milk reports
• Mrs Mugabe's farming empire