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Tuesday, June 20, 2006

Nestle acquires Jenny Craig for $600mn 



LONDON, June 19 (newratings.com) Nestle SA ( NESN.FSE ) Monday announced that it had agreed to acquire Jenny Craig, a US weight-loss company, for approximately $600 million.
Source: www.newratings.com

Nestle to Buy Jenny Craig to Enter Weight-Loss Market (Update3) 
June 19 (Bloomberg) -- Nestle SA, the world's biggest foodmaker, agreed to buy Jenny Craig Inc. of the U.S. to enter the $30 billion weight-loss market and add to its health and nutrition unit.
Source: www.bloomberg.com

Jenny Craig buyout is up Nestle's alley 
Weight-loss firm will sell for $600 million after actress' diet ads increase sales.
Source: www.ocregister.com

Nestle buying Jenny Craig 
Food and beverage company Nestl AG said Monday that it plans to swallow the Jenny Craig diet business in a $600-million US deal. Switzerland-based Nestl is buying Jenny Craig of Carlsbad, Calif., from two private equity companies. The sale is expected to close in the third quarter of this year.
Source: www.cbc.ca

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