Israel: Nestle to buy remaining stake in Osem
Swiss FMCG multinational Nestle is to acquire the remaining shares in Israeli food manufacturer Osem in a deal worth about $840 million, according to a Reuters report. Osem is Israel’s third-largest food producer by sales, behind the Strauss Group and market leader Tnuva. The firm produces more than 2,000 different food items in 11 production sites, both […]