Hain Celestial Inc. (HAIN) reached an agreement with an activist investor that calls for sweeping changes to the food-and-beverage company’s board and opens the door to a possible sale, according to people familiar with the matter.
Update(s):
November 21, 2017: Nestle SA is among companies exploring a purchase of Hain Celestial Group Inc., (HAIN) a U.S. maker of organic and vegetarian food, according to people familiar with the matter, as the Swiss giant seeks to expand into healthier fare.