Nestle SA has started exclusive negotiations to sell its skincare products for $ 10.12 billion at a consortium led by EQT Partners and ADIA, Reuters reported. He expects the negotiations to be completed in the second half of 2019, saying he is in the advanced stages.
Nestle has not yet announced what to invest in sales. Its share increased 0.6 percent.
Chief Executive Officer Mark Schneider decided to sell this division in September. This group started looking for buyers from companies that were not so profitable.