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BREAKING: Nestlé Nigeria to sell waters, premium beverages unit to new entity

BREAKING: Nestlé Nigeria to sell waters, premium beverages unit to new entity
Image: Nairametrics

Nestlé Nigeria Plc is seeking regulatory and shareholder approval for the proposed transfer of its waters and premium beverages business to Peranel, a 50:50 joint venture between its parent company, Nestlé S.A., and global investment firm Platinum Equity. The post BREAKING: Nestlé Nigeria to sell waters, premium beverages unit to new entity appeared first on Nairametrics.

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