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The Competition Commission of Pakistan approved a joint venture between Nestlé and Platinum Equity for Nestlé's bottled water business in Pakistan, including the Nestlé Pure Life brand. Nestlé will transfer the business to a new entity, with Platinum Equity acquiring joint control.
“The Competition Commission of Pakistan has approved a proposed joint venture between Nestlé S.A. and Forward I S.à r.l., an entity controlled by Platinum Equity.”nationpulse.uk
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