FOX BIZ NEWS: Nestle posts drop in 2017 profit, to end L'Oreal stake deal

Nestle posts drop in 2017 profit, to end L'Oreal stake deal



Swiss food and beverage giant Nestle says it's ending its agreement with the well-heeled Bettencourt family of France over the L'Oreal cosmetics empire and is exploring options for its Gerber Life Insurance business.

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