Nestle to Start Exclusive Talks With EQT for Skin-Health Business Sale -FT
May 15 2019 - 11:59AM
Dow Jones News
--Nestle is set to enter exclusive talks with a consortium led
by private-equity firm EQT for the sale of its skin-health
business, in a deal that could be worth as much as $10 billion, the
Financial Times reports, citing unnamed sources.
--EQT's offer was part of a competitive auction process that
also featured bids from KKR and a consortium led by Advent
International and Cinven, the FT says, citing the sources.
--The exclusive talks with EQT don't guarantee a deal and it
could still come undone, according to the FT.
Full story: https://on.ft.com/2Q4DaXx
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
May 15, 2019 11:44 ET (15:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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