Group including Advent, KKR, EQT bid for Nestle’s skin-health business: Bloomberg

The sale of Nestle SA’s skin-health business, which could fetch $8 billion to $10 billion, has hit the second round, Bloomberg reported. A consortium that includes Advent International, Cinven and GIC Pte, as well as KKR & Co and EQT Partners are among the firms brought through to the second round, the story said. L’Oreal SA, Unilever NV and Carlyle Group LP were also invited, Bloomberg said.