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Nestle to divest mainstream supplements business for $1 billion

Source: reuters.com

M&A & RestructuringCompany Fundamentals
Nestle to divest mainstream supplements business for $1 billion

Nestlé agreed to divest its mainstream vitamins, minerals and supplements business to U.S. firm Yellow Wood Partners for $1.0B. The deal implies a portfolio shift away from the category as Nestlé monetizes assets and refocuses capital.

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