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NSRGY Nestle SA (PK)

101.34
-0.09 (-0.09%)
26 Apr 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
  -0.09 -0.09% 101.34 100.84 101.47 101.89 101.09 101.6401 724,014 21:01:20

Nestle to Buy The Bountiful Company's Core Brands for $5.75 Billion

30/04/2021 7:02am

Dow Jones News


Nestle (PK) (USOTC:NSRGY)
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By Pietro Lombardi

 

Nestle SA has reached an agreement with KKR & Co. to buy core brands of The Bountiful Company for $5.75 billion.

The Swiss company said Friday that the assets it is buying include brands like Nature's Bounty, Solgar, Osteo Bi-Flex and Puritan's Pride.

The deal, which should be completed in the second half of the year, expands Nestle's health and nutrition portfolio. It doesn't include The Bountiful Company's sports and active-nutrition brands.

 

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

 

(END) Dow Jones Newswires

April 30, 2021 01:47 ET (05:47 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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