Nestle said to shortlist Advent-GIC consortium, KKR for skin-health unit bid

A Nestle SA birds nest logo is displayed on a glass surface ahead of a news conference announcing the company's full year results in Vevey, Switzerland, on Thursday, Feb. 14, 2019. Photographer: Stefan Wermuth/Bloomberg

Nestle SA has selected a slew of private equity firms and consumer companies to participate in the next round of an auction for its skin-health business in one of the most hotly contested asset sales in Europe this year, people familiar with the matter said.

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