Nestle CEO Ulf Mark Schneider speaks during the Nestle shareholders meeting in Lausanne, Switzerland, April 6, 2017. REUTERS/Denis Balibouse

ZURICH (Reuters) - Nestle NESN.S Chief Executive Mark Schneider played down the chances of a rush of deals involving the Swiss food group after the company said last month it may sell its roughly $900 million-a-year U.S. confectionery business.

“We do not do stock trading here by selling slowly growing segments and buying in fast-growing ones,” Schneider said in an interview published on Thursday with German monthly Manager Magazin.

Schneider said the company’s primary task is to get its underperforming business back on track.