NewsPrivate Equity16/05/2019
Consortium led by EQT and ADIA enters exclusive negotiations to acquire skincare company Nestlé Skin Health
Public Sector Pension Investment Board →An EQT VIII-led consortium including ADIA and a wholly owned PSP subsidiary entered exclusive negotiations to acquire Nestlé Skin Health, later to be branded Galderma, at CHF10.2 billion enterprise value. The figure is the proposed business value, not PSP’s individual equity investment; the transaction remained conditional.