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  "documentTitle": "Nestlé S.A. (NESN)",
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      "text": "L'Oréal now trades at significant premium",
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      "text": "Note: Multiples as of June 29, 2018; Nestlé owns 23.12% of L'Oréal; EPS accretion math assumes L'Oréal stake sold and Nestlé shares repurchased at market prices as of June 29, 2018. Source: Third Point LLC; Bloomberg",
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      "kind": "title",
      "text": "OPPORTUNITY TO TAKE ADVANTAGE OF SIGNIFICANT VALUATION DISPARITY BETWEEN NESTLÉ AND L'ORÉAL",
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