Nestle (NSRGY) has selected Rothschild to advise on the sale of its water division later this year, four people familiar with the matter tell Reuters, Amy-Jo Crowley, Andres Gonzalez and Richa Naidu report. The water unit could be valued at EUR 5B or more, a source says, adding that Nestle is aiming to keep a stake in the business. Sources say “several” private equity companies are interested in the Nestle unit.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NSRGY:
Disclaimer & DisclosureReport an Issue