Nestle looks to sell Jenny Craig after announcing brands overhaul

According to sources, Nestle is looking to sell Jenny Craig - its celebrity-endorsed weight loss company - and is speaking to a small number of potential buyers, reports Reuters.

The sources, said Reuters, disclosed yesterday that Nestle was working with Goldman Sachs on the sale process.

Last week, Nestle hinted at the closeness of a portfolio shake-up, warning that some companies could not be fixed.