Nestlé SA has added Deutsche Bank AG to advise on a potential 50% stake sale in its water business, which could be valued at around €5 billion ($5.9 billion) in a deal, according to people familiar with the matter.
Nestlé SA has added Deutsche Bank AG to advise on a potential 50% stake sale in its water business, which could be valued at around €5 billion ($5.9 billion) in a deal, according to people familiar with the matter.
Plastic bottles of Perrier mineral water at a Nestle SA bottling plant in Vergeze, France. Photographer: Balint Porneczi/Bloomberg
Breakdown cover and car insurance company RAC is close to selecting banks to lead its initial public offering in London, according to people familiar with the matter.
Breakdown cover and car insurance company RAC is close to selecting banks to lead its initial public offering in London, according to people familiar with the matter.
RAC attend to a car in a car park in Swansea, Wales, United Kingdom.
Diageo Plc is considering options for its Chinese assets, including potential divestments, people familiar with the matter said, as the maker of Guinness and Johnnie Walker seeks to streamline its portfolio.
Diageo Plc is considering options for its Chinese assets, including potential divestments, people familiar with the matter said, as the maker of Guinness and Johnnie Walker seeks to streamline its portfolio.
China’s Luckin Coffee Inc. is considering making a bid for Nestle SA’s Blue Bottle Coffee to boost its brand profile and expand in the premium coffee segment, according to people familiar with the situation.
China’s Luckin Coffee Inc. is considering making a bid for Nestle SA’s Blue Bottle Coffee to boost its brand profile and expand in the premium coffee segment, according to people familiar with the situation.
Bags of Blue Bottle coffee Photographer: Justin Sullivan/Getty Images
Private equity firm Cinven has agreed to acquire a majority stake in Flint Global, a UK advisory firm helmed by senior executives with close ties to the ruling Labour Party.
Private equity firm Cinven has agreed to acquire a majority stake in Flint Global, a UK advisory firm helmed by senior executives with close ties to the ruling Labour Party.
Asurion LLC is in advanced talks to acquire Domestic & General Group Ltd. in a deal valuing the UK warranty business at £2.1 billion ($2.74 billion), according to people familiar with the matter.
Asurion LLC is in advanced talks to acquire Domestic & General Group Ltd. in a deal valuing the UK warranty business at £2.1 billion ($2.74 billion), according to people familiar with the matter.
An Asurion office in Orlando, Florida on July 29, 2022.
Asurion LLC is in advanced talks to acquire Domestic & General Group Ltd. in a deal valuing the UK warranty business at £2.1 billion ($2.74 billion), according to people familiar with the matter.
Asurion LLC is in advanced talks to acquire Domestic & General Group Ltd. in a deal valuing the UK warranty business at £2.1 billion ($2.74 billion), according to people familiar with the matter.
An Asurion office in Orlando, Florida on July 29, 2022.
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