ENTITY Peranel

Peranel

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RESEARCH · CL_158964 · Jul 23 · 05:18

Nestlé and Platinum Equity form 4.9B euro joint venture for water and premium beverages

Nestlé and Platinum Equity are forming a 50:50 joint venture named Peranel to consolidate Nestlé's water and premium beverage businesses. This new entity is valued at 4.9 billion euros, with Nestlé expecting to receive …