Nestlé and Platinum Equity Close the Peranel Waters Deal
ESTIMATEDDate confidence: ESTIMATEDA target, not a fixed dateHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all ESTIMATED pins75% CONFIDENCEOverall confidence: 75%How well the pin's source and references back up its dates.Weighted average of how firmly 4 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterin 271 daysNestlé's half-year release says the transaction "is expected to close in H1 2027" with "net cash proceeds of approximately CHF 2.8 billion expected in H1 2027", and Platinum Equity[3] says "expected to close by the first half of 2027"; the span's last day, 30 June 2027, is used as an estimate.
Expected completion of the deal that moves S.Pellegrino, Perrier, Acqua Panna and Nestlé's other waters into Peranel, a 50:50 joint venture with Platinum Equity, paying Nestlé about EUR 3.0 billion (CHF 2.8 billion) in cash. Closing still needs employee consultations and regulatory approvals.
€4.9B
