Nestle vitamins sale expected to cause minimal earnings dilution
J.P. Morgan says Nestle’s $1 billion sale of its mainstream vitamins, minerals and supplements business to Yellow Wood Partners should lead to minimal earnings dilution. The unit generated roughly 1.1% of Nestle…
Nestle's $1 billion deal to sell its mainstream vitamins, minerals and supplements business to private-equity group Yellow Wood Partners should result in a minimal dilution of the Swiss food giant's earnings, J.P.
Morgan analysts say in a research note.
The business generated roughly 1.1% of Nestle…