Nestle : Nestlé Skin Health: in exclusive talks with EQT and ADIA for CHF 10.2bn. A very good price. Could cash returns be on the cards?
>Good news in view of the price and the potential for cash returns - This morning’s announcement that the group has entered into exclusive negotiations with EQT and ADIA (Abu Dhabi Investment Authority) for the sale of its Nestlé Skin Health business for CHF 10.2bn is excellent news in light of the much higher than expected price. In relative terms, this high amount may be seen as marginal as it equates to only 3% of Nestlé's market capitalisation. But the fact remain...Nestle is a holding company which is based in Switzerland. Through its subsidiaries and allied companies, Co. is engaged in the food processing industry. Co.'s product portfolio has seven categories, Powder and Liquid Beverages, Nutritional and Health Science, Milk products and ice cream, Prepared dishes and cooking aids, PetCare, Confectionery and Water.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.