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Norway's Wealth Fund Puts Kirin on Watch for Myanmar Ties

Norway’s Wealth Fund Puts Kirin on Watch for Myanmar Ties
Bloomberg
3/4/2021
© Photographer: Akio Kon/Bloomberg
Bottles of Kirin Brewery Co. beer.
(Bloomberg) Norway’s sovereign wealth fund put Kirin Holdings Ltd. under observation due to the risk that the beverage maker might contribute to serious violations of human rights.
“The Council on Ethics has recommended to place the company under observation based on Kirin’s business cooperation with an organization with ties to the military in Myanmar,” Norges Bank Investment Management, the fund’s official name, said in a statement late on Wednesday.
The Oslo-based fund, which is the world’s biggest stock owner, is managed according to a wide range of ethical guidelines and puts companies under observation or excludes them from its investment universe based on advice from the ethics council. ....

North Korea , North Korean , Kirin Holdings Ltd , Norges Bank Investment Management , Council On Ethics , Bottles Of Kirin Brewery Co , Kirin Brewery , Bloomberg Bottles , Kirin Holdings , Bank Investment Management , வடக்கு கொரியா , வடக்கு கொரியன் , கிரீன் ஹோல்டிங்ஸ் லிமிடெட் , சபை ஆன் நெறிமுறைகள் , பாட்டில்கள் ஆஃப் கிரீன் மதுபானம் இணை , கிரீன் மதுபானம் , ப்ளூம்பெர்க் பாட்டில்கள் , கிரீன் ஹோல்டிங்ஸ் , வங்கி முதலீடு மேலாண்மை ,

Nestle Sells U.S. Water Unit to One Rock for $4.3 Billion

Man Who Saved Pabst Comes to Rescue Nestle’s Ailing Water Brands
Bloomberg
2/17/2021
Corinne Gretler and Jeff Sutherland
© Bloomberg
Bottles of water move on the production line at the Nestle Waters Canada plant near Guelph, Ontario, Canada, on Friday, Jan. 16, 2015.
(Bloomberg) Nestle SA agreed to sell bottled-water brands in the U.S. and Canada to private-equity firm One Rock Capital Partners in a $4.3 billion deal that puts the future of the ailing business in the hands of the man who helped turn around Pabst Blue Ribbon and Hostess Twinkies.
Dean Metropoulos is joining up in One Rock’s purchase of the Nestle brands, which include Poland Spring, Pure Life and Deer Park. The billionaire investor is known for reviving worn-out products like Bumble Bee Tuna and Chef Boyardee. ....

United States , Jean Philippe Bertschy , Mark Schneider , Metropoulos Co , Bank Vontobel , Nestle Waters Canada , Bloomberg Bottles , One Rock Capital Partners , Lone Rock , Poland Spring , Pure Life , San Pellegrino , Acqua Panna , Chief Executive Officer Mark Schneider , Philippe Bertschy , North American , Dean Metropoulos , Hostess Twinkies , Pabst Blue Ribbon , Bumble Bee Tuna , ஒன்றுபட்டது மாநிலங்களில் , குறி ஶ்நைடர் , கூடு நீர் கனடா , ப்ளூம்பெர்க் பாட்டில்கள் , ஒன்று பாறை மூலதனம் கூட்டாளர்கள் , ஒன்று பாறை ,

McKinsey to Pay $573 Million to Resolve U.S. Opioid Claims

McKinsey to Pay $573 Million to Resolve U.S. Opioid Claims
Bloomberg
2/4/2021
Jef Feeley
© Bloomberg
Bottles of Purdue Pharma L.P. OxyContin medication sit on a pharmacy shelf in Provo, Utah, U.S., on Wednesday, Aug. 31, 2016.
(Bloomberg) McKinsey & Co. will pay $573 million to settle claims by U.S. states that the blue-chip consulting firm helped fuel the country’s opioid epidemic by providing sales analysis and marketing advice to makers of the highly addictive painkillers, including Purdue Pharma LP and Johnson & Johnson.
Most of the money will go to government programs fighting opioid addiction and providing treatment, North Carolina Attorney General Josh Stein said Thursday. The company helped “turbocharge” opioid sales for 15 years while consulting for Purdue and its billionaire owners, the Sackler family, Stein said. ....

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