Nestlé Skin Health to be sold to consortium of investors

Under new ownership, the group plans to expand in the US and internationally

A consortium of investors led by Swedish private-equity company EQT has entered exclusive negotiations to acquire Nestlé Skin Health from Swiss group Nestlé for CHF10.2bn ($10.12bn).

The consortium also includes investment companies ADIA and PSP Investments.

Founded in 1981 as...

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