Nestle says no plans for big acquisitions
Nestle, the world's biggest food group, said on Thursday it had no plans for a big acquisition with cash from its Alcon stake sale, despite long-term speculation linking it with L'Oreal.
Nestle SA, the world's largest food company, reported first-quarter sales growth that beat analysts' estimates, helped by sales of Maggi noodles in India and Pure Life bottled water in emerging markets.