Nestlé to sell half of waters business in $3.4B deal
The transaction creates a newly independent company called Peranel, which will house brands such as S.Pellegrino and Source Perrier.
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The transaction creates a newly independent company called Peranel, which will house brands such as S.Pellegrino and Source Perrier.
Nestlé has found a long-awaited solution for its water division: the group is transferring brands such as Perrier, S.Pellegrino, and Acqua Panna to a new joint venture with the…