Nestle Pakistan to be part of global Peranel joint venture
Nestle Pakistan Limited (PSX: NESTLE) will be part of a proposed global transaction under which its majority shareholder, Nestlé S.A., and Platinum Equity will establish Peranel, a 50/50 joint venture for Nestlé's waters and premium beverages busine
July 23, 2026 (MLN): Nestle Pakistan Limited (PSX: NESTLE) will be part of a proposed global transaction under which its majority shareholder, Nestlé S.A., and Platinum Equity will establish Peranel, a 50/50 joint venture for Nestlé's waters and premium beverages business. The proposed transaction, which remains subject to employee consultation processes and applicable regulatory approvals, is expected to close in t...