nestlé was formed in 1905 by the merger of the anglo-swiss milk company, established in 1866 by brothers george and charles page, and farine lactée henri nestlé, founded in 1866 by henri nestlé. in january 1919, nestlé bought two condensed milk plants in oregon from the company geibisch and joplin for $250,000. in the same time-frame, nestlé entered in a joint bid with cadbury and came close to purchasing the american company hershey’s, one of its fiercest confectionery competitors, but the deal eventually fell through.  nestlé agreed to sell its controlling stake in alcon to novartis on 4 january 2010. the sale was to form part of a broader us$39.3 billion offer, by novartis, for full acquisition of the world’s largest eye-care company. the initiative is being launched in partnership with the global coalition on aging (gcoa), a consortium that includes companies such as intel and bank of america.  nestlé has a primary listing on the six swiss exchange and is a constituent of the swiss market index.  as of 2013, nestlé has implemented initiatives to prevent contamination and utilizes what it calls a “factory and farmers” model that eliminates the middleman.
 in 2003, nestlé renewed its sponsorship of the land; however, it was under agreement that nestlé would oversee its own refurbishment to both the interior and exterior of the pavilion. this led to a boycott which was launched in 1977 in the united states and subsequently spread into europe.  nestlé has been under investigation in china since 2011 over allegations that the company bribed hospital staff to obtain the medical records of patients and push its infant formula to increase sales. “ a spokesperson from one of the environmental groups stated: “for nestlé to claim that its bottled water product is environmentally superior to any other consumer product in the world is not supportable. nestlé approached them in 2008 and they had been considering to trade their well water with oregon’s oxbow springs water, a publicly owned water source in the columbia river gorge national scenic area, and to sell the spring water at over 100 million gallons of water per year to nestlé.  in 2002, nestlé demanded that the nation of ethiopia repay us$6 million of debt to the company at a time when ethiopia was suffering a severe famine.  this type of disclosure was a surprise to many in the industry because international companies rarely acknowledge abuses in supply chains.
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