FILE PHOTO: A brand is pictured in the course of the 152nd Annual Common Assembly of Nestle in Lausanne, Switzerland April 11, 2019. REUTERS/Denis Balibouse/File Picture

ZURICH (Reuters) – Nestle SA has entered unique negotiations to promote its pores and skin well being enterprise to a consortium led by non-public fairness agency EQT Companions and ADIA in a deal price 10.2 billion Swiss francs ($10.12 billion), it stated on Thursday.

The proposed transaction with EQT and a unit of the Abu Dhabi Funding Authority (ADIA) was anticipated to shut within the second half of 2019 pending regulatory approval.

Nestle will present an replace on the way it will use the proceeds and its future…

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