Nestlé Secures Massive Liquidity Injection via Platinum Equity Water Partnership

According to Yahoo Finance, the Swiss food conglomerate Nestlé plans to offload a 50% stake in its water and premium beverage unit to Platinum Equity. This joint venture, dubbed Peranel, values the business at €4.9bn and is expected to provide Nestlé with approximately $3.42bn in

According to Yahoo Finance, the Swiss food conglomerate Nestlé plans to offload a 50% stake in its water and premium beverage unit to Platinum Equity. This joint venture, dubbed Peranel, values the business at €4.9bn and is expected to provide Nestlé with approximately $3.42bn in