Nestle to cut costs, boost marketing under CEO Freixe By Reuters

VEVEY (Reuters) -Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone global unit, and implement other changes to drive growth under new chief Laurent Freixe, the company said on Tuesday. The Swiss food giant aims to achieve cost savings of at least 2.5 billion Swiss francs ($2.83 billion) by 2027, in addition to ongoing savings of around 1.2 billion Swiss

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Fired AIMCo chair disputes Alberta’s narrative on costs

Breadcrumb Trail Links Finance Investor News AIMCo is a low-cost manager compared to similar funds and has ‘solidly’ exceeded benchmarks over the years, says Kenneth Kroner Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 14, 2024  •  Last updated 46 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Alberta Finance

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