Nestlé may sell slice of $ 30 billion in L ' Oréal

The Switzerland Nestle, the world's largest food company, is under pressure to clarify their intentions with l ' Oréal, his partner of 40 years, due to proximity at the end of bonds that unite, scheduled for 2014.
The decision is in the hands of President Peter Brabeck, who is trying to reposition the Nestle away from dependence on processed foods to higher margin products, most related to health, nutrition and wellness.
It is possible to argue that the l ' Oréal cosmetics and shampoos are compatible with this mission, but most market analysts think probably Nestlé will sell its stake in L'Oreal, when restrictions to this end, in April.
They judge that the company can sell the piece, valued at 23 billion euros ($ 30 billion), in tranches and use the money on something central to his own business or return the funds to shareholders.
"If the parties want to invest in L ' Oréal, they can do it directly," said an analyst on condition of anonymity. "They don't need the Nestle to promote it," he said.
The Swiss food group is the largest shareholder in the French cosmetics company since 1974, when L'oreal heiress, Liliane Bettencourt, the richest woman in the world, has almost half of its stake for Nestlé for fear it would be nationalised if the Socialists came to power.
This was a great investment for Nestle, since L ' Oréal's shares had annual turnover of 15% since then. Shares in Nestle were 11.6% return. Nestlé holds 29.5% and currently the Bettencourt has l ' Oréal 30.5%.