which could fetch more than €5 billion and includes the Perrier and S.Pellegrino brands, according to Reuters. Why it matters: The Swiss food giant announced plans to separate the water business ...

Nestle has hired Rothschild to advise on the sale of its water division later this year, four people familiar with the matter told Reuters, as the Swiss food giant looks to refocus on bigger brands.

It accounted for 3.2 billion Swiss francs in 2024 ... presented as a "new creative beverage brand," but without the famous "natural mineral water" label. These drinks can therefore be produced ...