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Nestle Weighs Sale of Pure Life, Poland Spring Brands

  • Unit could fetch almost $7 billion, MainFirst analyst says
  • Company plans to focus on premium labels like San Pellegrino
relates to Nestle Weighs Sale of Pure Life, Poland Spring Brands

Photographer: Daniel Acker/Bloomberg

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Nestle SA said it’s considering a sale of its U.S. mass-market bottled water business as the world’s largest food company focuses the unit on premium hydrating products.

The strategic review of most of the North American business, including brands like Pure Life, Poland Spring and Deer Park, is expected to be completed early in 2021, Nestle said Thursday after European markets closed.