Nestle hires Rothschild for water unit sale, Reuters reports

TipRanks

Fri, May 9, 2025, 7:56 AM 1 min read

Nestle (NSRGY) has selected Rothschild to advise on the sale of its water division later this year, four people familiar with the matter tell Reuters, Amy-Jo Crowley, Andres Gonzalez and Richa Naidu report. The water unit could be valued at EUR 5B or more, a source says, adding that Nestle is aiming to keep a stake in the business. Sources say “several” private equity companies are interested in the Nestle unit.

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