Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
Africa is quickly becoming one of the business world's most supercharged areas, with a burgeoning startup scene, expansive infrastructure projects, and capital pouring in from across the world. In this series, Quicktake Originals takes an in-depth look at the domestic and international projects that are shaping modern Africa, and their implications for the global economy.
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Nestle SA Chief Executive Officer Mark Schneider said the world’s largest food and beverage company is more interested in small and mid-sized deals, though he wouldn’t rule out a larger acquisition.
The company said it has made 85 purchases and divestments since Schneider became CEO in 2017. In December, Nestle raised $10 billion by reducing its stake in French cosmetics maker L’Oreal SA.