Philipp Navratil

Swiss business executive

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Photo: Gaëtan Bally, CC BY-SA 4.0 (Wikimedia Commons, cropped)

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Jul 22
Nestle to raise €3 billion from water business spin-off into Peranel joint venture with Platinum Equity
The Swiss food giant will transfer brands like Perrier and San Pellegrino into a 50-50 venture with US investment firm Platinum Equity, valuing the new company at €4.9 billion.