Wall Street Banks Launch €2.8 Billion Debt Deal for Platinum’s Nestlé Water Bet

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‼️ 💦 Bank of America and Deutsche Bank have launched a €2.8 billion ($3.3 billion) debt sale to finance Platinum Equity’s acquisition of a 50% stake in Nestlé’s water business. The newly formed joint venture, Peranel, includes brands such as Perrier and S.Pellegrino.
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