date:Dec 09, 2013
t Andreas von Arx.
Shares of L'Oreal were up 3.2 percent at 126.30 euros.
Last month, Nestle sold the bulk of its Jenny Craig weight-loss business and sources familiar with the matter have told Reuters Nestle is looking for a buyer for its PowerBar energy bars.
Traders on Friday said the sale of the Givaudan stake, managed by Goldman Sachs through an accelerated book building, was being offered at a price range of 1,150-1,170 Swiss francs a share, valuing the entire stake at as much as 1.08 b