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Tuesday, June 20, 2006

Nestle to buy Jenny Craig for $600 million 



SAN FRANCISCO (MarketWatch) -- Nestl SA, the Swiss food giant, is expected to announce Monday that it is paying about $600 million for Jenny Craig, the U.S. weight loss company, according to a media report.
Source: www.marketwatch.com

Jenny gives Nestl heft in diet market 
The business of taking it off is taking off. The world's largest food company Nestl SA made a big bet on the diet industry yesterday, buying weight-loss firm Jenny Craig, for $600-million (U.S.). The deal marks a major corporate endorsement for a growing sector worth $40-billion in North America, crowded with companies promising pudgy consumers not just low-calorie foods, but step-by-step guides
Source: www.globeinvestor.com

``Nestle's Acquisition of Jenny Craig Sign Of Future Trend'' Says Cuts Fitness Founder 
CLARK, N.J.----June 19, 2006--If John Gennaro's prediction is correct, Nestle's acquisition of Jenny Craig announced today is just the start of a movement towards additional "Wellness Acquisitions" involving companies traditionally positioned outside the industry acquiring wellness focused companies.
Source: biz.yahoo.com

Nestle gains corporate weight: Jenny Craig 
In a move that recognizes the modern world's twin obsessions - indulgence and guilt - chocolate-maker Nestle said yesterday that it would buy weight-loss product-maker Jenny Craig Inc. for $600 million.
Source: www.philly.com

Nestle's Jenny Craig Purchase Inexpensive 
0858 GMT [Dow Jones] Nestle's (NESN.VX) entry into weight management market through the $600M buy of Jenny Craig is interesting and comes at an affordable price of 1.5x sales, both Zuercher Kantonalbank and Helvea say.
Source: www.newratings.com

Nestle to buy Jenny Craig for $600 million 
VEVEY, Switzerland - In a twist in corporate synergy, chocolate-maker Nestle AG said Monday it will fatten up its weight-loss business by buying Jenny Craig Inc. for $600 million. The acquisition...
Source: news.bostonherald.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 buys weight-loss firm Jenny Craig for $600 mln 
LONDON (MarketWatch) -- Leading chocolate maker Nestle SA announced plans on Monday to help customers shed their unwanted pounds by agreeing to buy weight-loss company Jenny Craig for $600 million.
Source: www.marketwatch.com

Nestle to buy Jenny Craig for $600M 
Chocolate maker Nestle said it would purchase weight loss product maker Jenny Craig Inc. for $600 million. The acquisition follows Nestles purchase for around $670 million last month of Uncle Tobys, an Australian maker of nutritional cereals and snacks, and is part of the company's "continuing commitment to nutrition, health and wellness," the company said in a statement. While best known for
Source: economie.moldova.org

Jenny Craig draws hefty price from Nestle 
VEVEY, Switzerland, June 19 (UPI) -- Switzerland's Nestle SA said Monday it and its partners will pay about $600 million to buy weight-loss company Jenny Craig.
Source: www.upi.com

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