PARIS—The death of Liliane Bettencourt has placed a question mark over the decadeslong ties between L’Oréal SA and Nestlé SA, two of the world’s largest consumer-goods companies. Shares in L’Oréal jumped Friday as investors began speculating on the possibility either side might reconsider Nestlé’s large stake in L’Oréal. Analysts and a person close to the Bettencourt family, however, are tamping down expectations of a shake-up,...

Source: Wall Street Journal September 22, 2017 18:33 UTC