Swiss food giant Nestle on Monday bulked up its medical nutrition business by buying Allergan's Zenpep, a product for people whose pancreases do not provide enough enzymes to properly digest fats, proteins, and sugars.

Nestle buys Allergan business to expand in medical nutrition

Swiss food giant Nestle said Wednesday it has finalized the sale of its skincare business to a group led by Swedish private equity firm EQT and the Abu Dhabi Investment Authority.

Nestle sheds skincare brands

Nestle and its rivals are under pressure from a shift in consumer preferences towards healthier food and away from processed products such as instant noodles and frozen pizza

Nestle to cut more sugar and salt in its products

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Nestle buys Allergan business to expand in medical nutrition

Nestle sheds skincare brands

Nestle to cut more sugar and salt in its products