Nestlé has agreed to divest its mainstream vitamins, minerals, and supplements business (the Holistic Health portfolio) to Yellow Wood Partners for US$1 billion. The transaction is subject to applicable regulatory approvals and is expected to close by the first half of 2027.
Latham & Watkins LLP represents Nestlé in the transaction with a corporate team led by Los Angeles partners Alex Voxman, David Zaheer, and Julian Kleindorfer, and counsel Alexandra McArthur; and San Diego partner Steven Chinowsky and counsel Darryl Steensma.
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