| Fridman's L1 Retail to buy Holland & Barrett for $2.3 billion | | | LONDON (Reuters) - Russian billionaire Mikhail Fridman's L1 Retail has agreed to buy Britain's Holland & Barrett for 1.77 billion pounds ($2.26 billion) in its first acquisition, betting on continued growth and expansion abroad for the health foods chain. |
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| | | U.S. activist presses for 'bold action' at Nestle | | | (Reuters) - Nestle is under pressure from U.S. activist shareholder Third Point, which has taken a $3.5 billion stake in the food maker and is pushing Europe's largest company to improve margins, buy back shares and get rid of non-core businesses. |
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