Nestle may purchase Champion Petfoods for US$2 billion

Nestle’s consideration of Champion may be related to pressure from activist investor Daniel Loeb.

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Nestle is in talks to purchase dog and cat food and treats maker Edmonton, Alberta, Canada-based Champion Petfoods for more than US$2 billion, although the transaction is not assured, reported the Wall Street JournalRead more.


“Nestle may purchase Champion Petfoods for US$2billion.”Petfoodindustry.com, Petfoodindustry.com, 3 July 2018, https://www.petfoodindustry.com/articles/7334-nestle-may-purchase-champion-petfoods-for-us2-billion.

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