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NSRGY Nestle SA (PK)

101.20
0.06 (0.06%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Nestle SA (PK) USOTC:NSRGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.06 0.06% 101.20 101.18 102.21 102.17 101.12 102.12 594,323 22:20:00

Nestle Selects Companies to Bid for Skin-Health Unit -Bloomberg

13/03/2019 7:49am

Dow Jones News


Nestle (PK) (USOTC:NSRGY)
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--Nestle SA has chosen a handful of private-equity and consumer-goods firms to participate in the next round of bidding for its skin-health business, Bloomberg reports, citing unnamed sources.

--Among the companies Nestle has selected are private-equity firms KKR & Co. and EQT Partners, consumer-goods firms L'Oreal SA and Unilever NV, and a consortium including Singapore's GIC sovereign-wealth fund, Cinven and Advent International, Bloomberg writes.

--Nestle could generate between $8 billion and $10 billion from the sale, making its skin-health unit the largest acquisition target in Europe this year, according to data compiled by Bloomberg.

 

Full story: https://bloom.bg/2CjwNdp

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

March 13, 2019 03:34 ET (07:34 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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