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Enters talks with EQT Partners in a $10.2 billion deal.
May 16, 2019
By: TOM BRANNA
Editor
When it comes to sharpening its focus on food and health care, Nestle is certainly being proactive. The company has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for about $10.1 billion, as the food group shifts its portfolio in response to changing consumer demands. The proposed transaction with private equity firm EQT, a unit of the Abu Dhabi Investment Authority and PSP Investments is expected to close in the second half of of the year pending re...
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