Nestlé mineral water in advanced sale talks with Platinum Equity

Source Summary

Financial Times reported that Zurich-listed food giant Nestlé is close to reaching an agreement for selling 50% of Nestlè Waters, to Platinum Equity on the ground of an enterprise value in the region of 5 billion euros. The vendor aims to reach a signing of an even joint venture with Platinum before the release of its half-yearly [...]