Nestle Investors Vote Against Curbing Sales of ‘Unhealthy’ Products Despite Recent Controversy Over High Sugar Content in Baby Foods

Updated Apr 27, 2024, 11:36 IST Nestle’s shareholders ultimately voted against the proposal, with only 11 per cent in favour, citing concerns about constraining the company’s strategic flexibility. Nestle Investors Vote Against Curbing Sales of ‘Unhealthy’ Products Despite Recent Controversy Over High Sugar Content in Baby Foods (image source: Nestle India)In a recent Nestle shareholders’ meeting, concerns regarding the company’s sugar content in infant milk sold in impoverished nations…
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Source: https://www.timesnownews.com/business-economy/companies/nestle-investors-vote-against-curbing-sales-of-unhealthy-products-despite-recent-controversy-over-high-sugar-content-in-baby-foods-article-109640960/amp