Chart Update, page-4816

Imback
I'm not implying, suggesting, or anything that Nestle, or anyone else is going to make a TO offer.
In saying that, Nestles market cap is 283 billion Swiss fr.For example sake, at a 10 bil au market cap, that's about 7.2 billionsf . Certainly something they could readily afford. (. that excludes the TO premium but u get the point)
Second
Your correct, they are talking about a failure of Nestle which is the point of the presentation. When an activist firm takes a stake in a company which 3rd point has, their goal is to take over the board( in the best case,) and unlock value for the shareholders or more importantly create new value for shareholders that the current board is missing or missed.If you seek more information about how they operate, look at what they did with Dow chemical and DuPont.( they being 3rd point, an enormous deal)
3rd
Also agree with you that cost saving synergies would be difficult given our lean expenses, I do think however that the cost of entry experience their fighting and our brand awareness and loyalty has to be an envy to them.
In conclusion, I really did think at 10 we were a great buy for them. Now, I guess that depends on how they view our market position, our brand, and how much their going to spend to " try and keep up"
Who knows, maybe long term we would be a bargain even at 21.
Again, just thinking out loud. Not starting any rumours, not suggesting this is going to happen.
H