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Nestlé presses ahead with bottled water carve-out as private equity circles €5bn business
The Swiss giant has invited first-round bids for the water unit, valued at around €5 billion, according to sources, with Rothschild advising on the transaction.
Pernod Ricard sells US Mumm Napa sparkling wine business to Trinchero
Pernod Ricard has signed an agreement to sell its Mumm Napa sparkling wine activities in the US to California-based wine and spirits company Trinchero.
Coca-Cola’s proposed Costa Coffee sale faces uncertainty as talks with TDR Capital falter – FT
Coca-Cola’s plans to sell Costa Coffee are at risk of being abandoned, according to the Financial Times, as negotiations with private equity firm TDR Capital encounter difficulties over valuation.
Nestlé reportedly considering sale of Blue Bottle Coffee
Nestlé is reportedly exploring the sale of its premium coffee chain, Blue Bottle Coffee, as part of a broader review initiated by new CEO Philipp Navratil.
Unilever sells Graze to Candy Kittens' parent company Katjes International
Unilever has announced the sale of its healthier snacking brand, Graze, to Katjes International, the parent company of the popular candy brand Candy Kittens.
Fonterra farmers approve $4.22bn sale of Mainland Group to Lactalis
Fonterra’s farmer shareholders have approved the sale of its consumer and associated businesses, known as the Mainland Group, to dairy giant Lactalis for $4.22bn.
Coca-Cola Company sells controlling stake in African bottler to Coca-Cola HBC
The Coca-Cola Company and Gutsche Family Investments have announced the sale of a 75% controlling interest in Coca-Cola Beverages Africa to Coca-Cola HBC.
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