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Win is a boost for Evercore and comes as boutiques’ steady march onto larger rivals turf has paused in 2019

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Evercore has landed a role advising Nestlé on the $10.1bn sale of its Skin Health business to a consortium of private equity firms, a boost to the company after a difficult first quarter for boutique investment banks.

The boutique bank is advising Nestlé alongside Credit Suisse on the transaction, with a group of private equity firms led by EQT and a subsidiary of the Abu Dhabi Investment Authority winning the fiercely contested deal.

Evercore lands role on $10.1bn Nestlé deal

Win is a boost for Evercore and comes as boutiques’ steady march onto larger rivals’ turf has paused in 2019

Paul Clarke

Nestlé

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The president again pushed the Fed to lower rates, helping power the S&P 500 and the Nasdaq composite to fresh record closing highs.

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