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Nestle In Talks Over $10B Sale Of Skin Health Unit To Eqt, Adia

by reuters.com posted 2months ago 36 views
* Nestle starts exclusive talks with EQT, ADIA on Skin Health. : ZURICH (Reuters) - Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and Abu Dhabi’s ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday. The proposed transaction with private equity firm EQT and a unit of the Abu Dhabi Investment Authority was expected to close in the second half of 2019, pending regulatory approval, it said.

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