Nestlé Spins Off Water Business into £4.2 Billion Joint Venture

Nestlé has spun off its Buxton and Perrier water arm into a £4.2 billion joint venture with a private equity firm. This move sees the food giant divesting a significant portion of its mineral water business.

23 Jul, 12:34 — 23 Jul, 12:34

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The IndependentMostly Factual5d ago

Nestle spins out Buxton and Perrier water arm into £4.2bn joint venture

Trade unions cautioned Nestle and private equity firm Platinum Equity against changes to workers’ rights or jobs after the deal.

By Holly Williams

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Coverage Timeline

First report: nzz · 23 Jul, 05:15|Full coverage: 2 · 7h|Window: 7h

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nzz23 Jul, 05:15First to report

Arrividerci San Pellegrino: Nestlé lagert sein Mineralwassergeschäft aus und spannt mit einem Private-Equity Unternehmen zusammen

7h later

The Independent23 Jul, 12:34Latest update

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Nestlé Spins Off Water Business into £4.2 Billion Joint Venture

Sources

Nestle spins out Buxton and Perrier water arm into £4.2bn joint venture

Coverage Timeline

Arrividerci San Pellegrino: Nestlé lagert sein Mineralwassergeschäft aus und spannt mit einem Private-Equity Unternehmen zusammen

Nestle spins out Buxton and Perrier water arm into £4.2bn joint venture

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