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Schneider takes careful approach to M&A in wake of skin unit debacle
Swiss group sets first profit target, speeds up share buyback but no change on L’Oréal
Pressure builds on chief ahead of strategy revamp this year
US hedge funds are talking enticingly to European targets such as Nestlé
Activist should not receive credit for pushing group in direction it was already going
Loeb’s Third Point accused company of being ‘stuck in its old ways’
Loeb’s Third Point move highlights the upheaval facing a sector hit by slow growth
Third Point says ‘staid’ Swiss food giant should sell its stake in L’Oréal
Food and drinks group reacts to pressures unleashed by Kraft Heinz’s move for rival
Big-ticket acquisitions are off the agenda even as growth stalls
New chief Mark Schneider blames deflation and sluggish global economies
The appointment of an outsider from a medical group underscores ambitions for growth in health and nutrition
International Edition