‼️ 💦 Nestlé is selling a 50% stake in its water business to Platinum Equity for three billion euros to create a joint venture called Peranel. Nestlé’s first-half net profit fell 31% to 3.47 billion francs, which the company blamed on restructuring costs. Alpha Binwani Capital: “Nestle is oversold and we look to start accumulating”
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