Article 6M614 KitKat owner Nestlé fights off push to cut back on unhealthy products

KitKat owner Nestlé fights off push to cut back on unhealthy products

by
Kalyeena Makortoff
from on (#6M614)

Investor proposal to reduce levels of fat, salt and sugar in products is backed by only 11% of shareholders

Nestle has fought off investor proposals that would have forced the world's largest consumer goods company to cut back on high levels of salt, sugar and fats in its food and drinks.

The Swiss-headquartered multinational won the backing of 88% of shareholder votes at its annual meeting on Thursday, while 11% backed the resolution.

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