'We see absolutely no reason to give up our independence,' he said.
Even a theoretical 20 billion Swiss francs offer from Nestle -- valuing the group at three times its price -- would not be attractive to the group, Tenner said.
Lindt would not even consider accepting such an offer, he said.
Even a theoretical 20 billion Swiss francs offer from Nestle -- valuing the group at three times its price -- would not be attractive to the group, Tenner said.
Lindt would not even consider accepting such an offer, he said.
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Nestle has finally met its match with Lindt. 20 billion Swiss Francs could not even sway them.
1 comment:
Lindt wants to continue its tradition of just being a candy company and does not want to be swallowed up by Nestle. If Lindt agreed to the take over, the history of Lindt would be no more.
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