Nestle to raise €3 billion from spin off of its water business

Nestle said on Thursday it expects to raise around €3 billion ($3.43 ​billion) from spinning off its water business into ‌a 50-50 joint venture with U.S. investment firm Platinum Equity.

Jul 23, 2026 - 11:00
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Nestle to raise €3 billion from spin off of its water business
Nestle said on Thursday it expects to raise around €3 billion ($3.43 ​billion) from spinning off its water business into ‌a 50-50 joint venture with U.S. investment firm Platinum Equity.

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