Nestlé Pakistan is set to join Nestlé S.A.’s proposed Peranel joint venture, with local implementation dependent on regulatory and corporate approvals. Nestlé Pakistan Limited (PSX: NESTLE) has announced that it is expected to become part of a proposed global restructuring involving its majority shareholder, Nestlé S.A. Under the plan, Nestlé S.A. and private investment firm Platinum Equity intend to establish Peranel, ajointly owned company tha…
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