Nestle Pushes Ahead with About $5.75 Billion Perrier and San Pellegrino Deal, FT Reports

Nestle pushes ahead with about $5.75 billion Perrier and San Pellegrino deal, FT reports

Nestlé advances €5bn water unit stake sale as PE bidders progress

Nestlé has moved forward in its planned divestment of a stake in its European water division, with several private equity firms, including Dubilier & Rice, KKR and PAI Partners advancing to the next round of the process, according to a report by the Financial Times. The buyout groups are understood to be among those shortlisted for a potential acquisition of a 50% interest in the business, with the unit potentially being valued at approximately …

Nestlé Waters Stake Sale Advances As Valuation Gap Draws Investor Attention

Nestlé is advancing the sale of its stake in its waters business, with private equity bidders moving forward in the process. The potential transaction is part of a broader effort to reshape the portfolio toward core areas such as coffee, pet food, nutrition, and food. The outcome of the bidding could influence how Nestlé allocates capital and manages its mix of brands in the coming years. For investors following SWX:NESN, this potential sale com…

Nestlé moves forward with billion-dollar deal: private equity firms eye Perrier and San Pellegrino - RetailDetail EU

Nestlé is moving forward with the sale of half of its European water division. Several of the world’s largest private-equity firms are reportedly willing to pay around 5 billion euros for brands including Perrier, San Pellegrino, and Acqua Panna.