{"id":19175,"date":"2023-04-21T12:12:43","date_gmt":"2023-04-21T12:12:43","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/nestle-pai-to-create\/"},"modified":"2023-04-21T12:14:08","modified_gmt":"2023-04-21T12:14:08","slug":"nestle-pai-to-create","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/nestle-pai-to-create\/","title":{"rendered":"Nestle, PAI to create joint venture for frozen pizza in Europe"},"content":{"rendered":"<p>BERLIN (Reuters) &#8211;     Nestle and private equity firm PAI Partners have agreed to set up a joint venture for Nestle&#8217;s frozen pizza business in Europe, the Swiss company said on Friday, adding financial details were  not disclosed. <\/p>\n<p>Nestle&#8217;s pizza business across Europe has an annual turnover of around CHF 400 million ($448.38 million), it said. <\/p>\n<p>($1 = 0.8921 Swiss francs)<\/p>\n<p \/>\n<p> (Writing by Madeline Chambers)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/nestle-pai-to-create\/file-photo-logo-is-pictured-on-the-nestle-research-center\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3K0FJ-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3K0FJ-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BERLIN (Reuters) &#8211; Nestle and private equity firm PAI Partners have agreed to set up a joint venture for Nestle&#8217;s frozen pizza business in Europe, the Swiss company said on Friday, adding financial details were not disclosed. Nestle&#8217;s pizza business across Europe has an annual turnover of around CHF 400 million ($448.38 million), it said. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":19176,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-19175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3K0FJ-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/19175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=19175"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/19175\/revisions"}],"predecessor-version":[{"id":19177,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/19175\/revisions\/19177"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/19176"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=19175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=19175"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=19175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}