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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (4560)

9/23/2017 4:13:28 PM

From: richardred

Read Replies (1) | Respond to of 7159

RE-L'Oreal/Nestles

L’Oreal could be takeover target

Posted on Friday, 22 September 2017 14:20

French cosmetics giant is the subject of takeover speculation following the death of founding family matriarch Liliane Bettencourt.

Multiple sources have picked up on speculation by analysts who believe the heiress’ passing could be a catalyst for a change in the Paris-listed group’s shareholder base.

Based on L’Oreal’s closing share price of EUR 176.60 on 21st September, the last trading day prior to the deal being reported, the company can be valued at EUR 98.88 billion.

Jefferies analyst Martin Deboo told Bloomberg Bettencourt’s passing at the age of 94 on 21st September means speculation is likely to be rife, particularly concerning the 23.0 per cent stake owned by Swiss food and drink giant Nestle.

However, he added that the matriarch’s children will also have a say in the matter and a lot hangs on their intentions.

In addition, under the terms of a previous agreement with L’Oreal, Nestle is unable to buy any more stock in the business until six months after Bettencourt’s death.

Tyler Tebbs of Olivetree Securities, speaking to the Financial Times, noted that the Swiss company has strict acquisition criteria, not all of which are met by the cosmetics company.

L’Oreal is renowned for its range of cosmetics products, some of which are distributed under brand names like Garnier, Maybelline and Lancôme.

The company’s stock dropped following Bettencourt’s death yesterday, having finished the day at EUR 178.30 on 20th September.

Shares were trading at EUR 182.90 at 15:58 on 22nd September.

L’Oreal posted consolidated sales of EUR 25.84 billion in 2016, up from EUR 25.26 billion over the preceding 12 months.

According to Zephyr, the M&A database published by Bureau van Dijk, there have been 164 deals targeting toilet preparation manufacturers announced worldwide since the beginning of 2017.

The most valuable of these was worth USD 1.19 billion and involved Natura acquiring UK-based the Body Shop from L’Oreal earlier this month.

© Zephus Ltd
zephyr.bvdinfo.com

To: richardred who wrote (4560)	1/16/2018 1:14:26 PM
From: richardred	Read Replies (1) \| Respond to of 7159

Hershey and Ferrero compete for Nestle's US candy business Nestle's sale of its U.S. candy business received bids from Hershey, Ferrero, sources tell CNBC Nestle said in June it would explore strategic options, including a possible sale, for its U.S. chocolate and candy business that is said to be valued at $2 billion to $2.5 billion Brands up for sale include Butterfinger, Baby Ruth, Sno-Caps and Laffy Taffy cnbc.com P.S. Humm Just about the size of B&G foods market cap. Nestles sure would have the muscle to give Green Giant a boost in their frozen foods & spice up other brands. Hypothetically JVA an experimental sip IMO.

To: richardred who wrote (4560)	2/26/2018 11:03:10 AM
From: richardred	Respond to of 7159

RE-JVA speculation- JAB/Green Mountain’s Keurig has the lions share of the self brewing market. Nespresso has very little in the US. I can see them going after this market. Green Mountain was JVA's largest customer. They've almost weened them off. IMO Nestles can just buy JVA as a R&D experiment and expand Sonofresco and have JVA fill their high end Nespresso cups? Welbilt Enters the Coffee Market with Crem Acquisition Published: February 26, 2018 Written by The Editors Florida-based manufacturer buys European maker of coffee equipment. In a deal valued at $224 million, Welbilt will acquire Avaj International Holding AB from private equity firms Priveq Investment Fund IV L.P. and SEB Venture Capital. Avaj goes to market as Crem International and manufactures coffee machines. Crem is headquartered in Solna, Sweden, and has manufacturing sites in Amotfors, Sweden, Gandia, Spain, and Shanghai, China. The company also has three research and development centers and six sales offices. Crem develops, manufactures and markets coffee machines under three brand names: Coffee Queen, Expobar and Spengler for use in offices, restaurants, cafes and coffee shops, catering and convenience stores. “The acquisition of Crem International is the first step in realizing our ambition to complement our organic growth strategy with select bolt-on acquisitions,” said Hubertus Muehlhaeuser, Welbilt’s president and CEO. “Crem expands our full line of commercial foodservice equipment coverage by adding the fast-growing hot coffee category to our portfolio. … Crem is very strong in Europe and Asia, supporting our strategic objective of expanding our presence in these two important regions. We foresee significant cross-selling opportunities between Crem’s and Welbilt’s respective customer bases in those regions and see further opportunity to bring Crem’s to Welbilt’s customer base in the U.S. and include it as a core offering in our fitkitchen system solutions.” In 2017, Crem generated sales of $90 million, per a release announcing the deal. Subject to certain closing conditions, Welbilt expects the transaction to close during its second fiscal quarter of 2018. fesmag.com

To: richardred who wrote (4560)	5/5/2018 11:27:14 AM
From: richardred	1 Recommendation Recommended By Glenn Petersen Read Replies (3) \| Respond to of 7159

JVA- Speculation Nestles making a move on Coffee. JVA makes a small niche acquisition for themselves. The Steep N Brew Coffee Company which they say is profitable. streetinsider.com /Coffee+Holding+Co.+%28JVA%29+Announces+Acquisition+of+Steep+N+Brew+Coffee+Co./14090205.html Nestle close to deal for Starbucks bagged coffee, drinks business: report LONDON (Reuters) - Nestle ( NESN.S), the world’s largest coffee company, is close to a deal with Starbucks Corp ( SBUX.O) for the part of its business that sells bagged coffee and drinks in supermarkets, according to media reports on Friday. Any deal between the coffee giants would not involve any of the Seattle-based chain’s more than 28,000 cafes, according to Bloomberg, which reported the news after Swiss financial blog Inside Paradeplatz. The deal could net Starbucks $3.8 billion after tax, according to Cowen analysts, based on Starbucks’ operating earnings excluding its K-Cups and the multiple recently paid for Keurig Green Mountain. They predicted Starbucks would use that to buy back shares. An agreement will probably be announced on Monday, Bloomberg said. reuters.com JVA speculation- Nestles picked up Blue Bottle. The pickings are getting slim on the coffee front. JVA just a drop and still working on branding and Comfort acquisition. Still wondering if it will be good till the last drop. However I've like the Coffee Holding's Sonofresco acquisition from the get go. The board has approved a share repurchase program of up to $2M on this low outstanding stock. IMO a value sign on a hypothetical family private bid. JAB went on a endless coffee and related coffee acquisition spree. I expect Nestles to do the same. JAB/Green Mountain’s Keurig has the lions share of the self brewing market. Nespresso has very little in the US. I can see them going after this market. Green Mountain was JVA's largest customer. They've almost weened them off. IMO Nestles can just buy JVA as a R&D experiment and expand Sonofresco and have JVA fill their high end Nespresso cups? FARM on my watch list. It's speculative fever has gone up considerably IMO. Nestles has a stake in L'Oreal who's founder just passed away. Just maybe they cash out to fund a US acquisition spree in complimenting growth and market share moves. P.S. COTT just sold it beverage business for over a billion. PR snip>The company also will pursue small acquisitions in water, coffee, tea and filtration, as well as “larger-scale acquisitions if and when the right value-enhancing opportunities present themselves,” CEO Jerry Fowden said. With Blue Bottle, Nestlé eyes high-end challenge to Starbucks Established in 2002, Blue Bottle has built its reputation on hand-drip coffee, which costs more than US$10 a cup. It’s a favorite of Silicon Valley techies, who have dubbed it “the iPhone of the coffee industry”. With less than 40 outlets, the boutique coffee chain has reportedly sold a controlling stake to Swiss food and beverage giant Nestlé for around US$500 million. ejinsight.com