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Access here alternative investment news about Nestle In Talks With Eqt, Adia For $10B Skin Health Deal
Private Equity

Nestle In Talks With Eqt, Adia For $10B Skin Health Deal

by moneycontrol.com posted 2months ago 38 views
Nestle#39;s skin health unit, which sells Cetaphil, was formed in 2014.: Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by private equity firm EQT Partners and ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on May 16. The proposed transaction with EQT and a unit of the Abu Dhabi Investment Authority (ADIA) was expected to close in the second half of 2019 pending regulatory approval.

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