date:Sep 11, 2013
dressing the future of the stake with great attention in the framework of the group's global nutrition, health and wellness strategy.
Former chairman and CEO Helmut Maucher, who is still honorary chairman, stated in 1992 that Nestle eventually wanted to buy L'Oreal, souring relations with Liliane Bettencourt that were only patched up with the shareholder pact in 2004.
Although a merger to create a giant food and cosmetics conglomerate could be seen to fit Brabeck's health and wellness strategy