Switzerland: Platinum Equity and Nestle to form $5.6 billion waters joint venture
Platinum Equity, a global investment firm and Nestle, the food and beverage group have announced plans to create a 50 / 50 joint venture named Peranel for the Nestle Waters and premium beverages business. Assigning an enterprise value of $5.6 billion (€4.9 billion) to Peranel, the transaction covers a portfolio of more than 30 brands […]