3 articles
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
Nestle beat Q2 organic sales expectations with 3.7% growth and raised full-year guidance. It formed a 50-50 joint venture with Platinum Equity for its waters business to raise €3 billion, leveraging l
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
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