(Reuters) – PAI Partners and Bain Capital are among the buyout firms considering bidding for Nestle’s water business, which could be valued at about 5 billion euros ($5.38 billion) or more in a deal, Bloomberg News reported on Wednesday. Clayton Dubilier & Rice and KKR have also been studying the business, Bloomberg News said, citing […]
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Buyout firms circling Nestle’s 5 billion euros water business, Bloomberg News reports
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(Reuters) – PAI Partners and Bain Capital are among the buyout firms considering bidding for Nestle’s water business, which could be valued at about 5 billion euros ($5.38 billion) or more in a deal, Bloomberg News reported on Wednesday.
Clayton Dubilier & Rice and KKR have also been studying the business, Bloomberg News said, citing people familiar with the matter.
($1 = 0.9301 euros)
(Reporting by Kritika Singh in Bengaluru; Editing by Alan Barona)