2 news · updated Jul 23, 2026

Nestle water sale

2026-07-22

Nestle to Raise €3 Billion via Water Business Spin-Off

Nestle plans to spin off its water business into a joint venture with Platinum Equity, creating Peranel valued at €4.9 billion. The transaction will raise approximately €3 billion for Nestle as it foc

reuters · 2026-07-22 22:51 UTC

2026-07-22

Nestle Nears Sale of Water Business Stake at Close to €5 Billion Valuation, FT Reports

Platinum Equity is nearing a deal to acquire a 50% stake in Nestle's European water business, valued at nearly €5 billion, including brands like Perrier and San Pellegrino. The transaction aligns with

reuters · 2026-07-22 06:49 UTC

Nestle water sale

Nestle to Raise €3 Billion via Water Business Spin-Off

Nestle Nears Sale of Water Business Stake at Close to €5 Billion Valuation, FT Reports

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