Nestle SA began exclusive negotiations to sell skin care products to a consortium led by EQT Partners and ADIA in a $ 10.12 billion deal, Reuters reported. Expects that the deal, which is clearly in advanced stages, will be completed in the second half of 2019
Nestle has not yet announced what it will invest from the sale. The company's share rose 0.6%.
CEO Mark Schneider decided to sell the division last September, and the group began looking for buyers of businesses that were not so profitable.