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Nestlé Advances in the Sale of Its Water Business that Includes Perrier and S. Pellegrini
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Nestlé took a further step in its process to partially divest itself of its water business, by incorporating Deutsche Bank as a financial advisor for the possible sale of this division, which includes brands such as Perrier and S.Pellegrino. The German bank will work together with Rothschild, who has already participated since the beginning of the process, in an operation that would release up to 50% of the business, in a valuation of up to $5.9…
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