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Nestle Agrees to Sell Water Unit Stake as Coffee Leads Growth
(Bloomberg) -- Nestle SA is selling half of its water business for €3 billion ($3.4 billion) in cash and reported robust first-half coffee and snack sales as Chief Executive Officer Philipp Navratil presses ahead with a turnaround of the Swiss foodmaker.
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morningstar.com
Nestle Close to Selling Stake In European Water Business, FT Says, Citing Sources
-- Nestle is close to a deal to sell about half of its European water business to private-equity firm Platinum Equity, the FT reports, citing unnamed sources.
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letemps.ch
Nestlé crée une coentreprise dans ses eaux en bouteille, valorisée 4,5 milliards de francs - Le Temps
La multinationale vaudoise s’allie au fonds américain Platinum Equity pour créer Peranel, une coentreprise qui regroupera ses activités Waters & Premium Beverages. Cette…
