date:Sep 11, 2013
n how a deal were structured, if Nestle returns proceeds to shareholders from selling its L'Oreal stake it could potentially increase its own earnings per share by more than 10 percent, and lift its underperforming shares.
In the year to date, Nestle shares have risen 3.4 percent, while L'Oreal shares are up 20 percent, and the Stoxx European personal and household goods index is up 11.6 percent.
Nestle declined to comment beyond pointing to a statement on its website that says the board is ad