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Nestle to divest mainstream supplements business for $1 billion

Nestle to divest mainstream supplements business for $1 billion

- Nestle NESN.S said on Tuesday it has agreed to divest its mainstream vitamins, minerals and supplements business to U.S.-based Yellow Wood Partners for $1 billion.

The deal includes seven brands and the U.S. private-label supplements business, the company added.


(Reporting by Chandni Shah in Bengaluru; Editing by Shailesh Kuber)

((chandni.shah@thomsonreuters.com))

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