Press Release: Nestle: Nestlé acquisition of L'Oréal's 50% stake in Galderma completed

   (MORE TO FOLLOW) Dow Jones Newswires

   July 08, 2014 12:00 ET (16:00 GMT)- - 12 00 PM EDT 07-08-14

-2 of 2- 08 Jul 2014 16:00:00 UTC  Press Release: Nestle: Nestlé acquisition of L'Oréal's 50% stake in Galderma completed

Nestlé S.A. / Nestlé acquisition of L'Oréal's 50% stake in Galderma completed . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

This press release is also available in French (pdf): http://www.nestle.com/asset-library/Documents/Media/press-release/2014-july/Nestle-acquisition-loreal-galderma-FR.pdf and German (pdf): http://www.nestle.com/asset-library/Documents/Media/press-release/2014-july/Nestle-acquisition-loreal-galderma-DE.pdf

..................................

Vevey, 8 July 2014 - As a result of the successful conclusion of the regulatory process and customary closing conditions, Nestlé today completed its acquisition of L'Oréal's 50% stake in Galderma, as originally announced on 11 February 2014.

Galderma, with approximately 5,000 employees and a presence in 80 countries, will henceforth operate as the pharmaceutical arm of Nestlé Skin Health S.A.

Nestlé Skin Health was formally established on 30 June 2014 as a fully-owned Nestlé subsidiary with its own Board of Directors comprising the following members:

-- Peter Brabeck-Letmathe, Chairman

-- Paul Bulcke, Vice-Chairman

-- Humberto C. Antunes, President and CEO

-- Wan Ling Martello

-- Stefan Catsicas

Based in Lausanne, Nestlé Skin Health is a global leader focused on enhancing the quality of life by delivering science-based solutions for the health of skin, hair and nails.

Contacts

Media: Robin Tickle Tel.: +41 21 924 22 00

Investors: Tel.: +41 21 924 35 09

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Nestlé S.A. via Globenewswire

HUG#1818553

--- End of Message ---

Nestlé S.A.

Avenue Nestlé 55 Vevey Switzerland

WKN: 887208;ISIN: CH0038863350;

http://www.nestle.com (END) Dow Jones Newswires

   July 08, 2014 12:00 ET (16:00 GMT)- - 12 00 PM EDT 07-08-14