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Topic - Metropoulos & Co.

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Nestle closes sale of bottled water brands in North America

Associated Press

FILE - In this Sept. 21, 2018, file photo, is a closeup of pint bottles of purified water, Pure Life, manufactured by Nestle, on sale in a Ridgeland, Miss., convenience store. Global food giant Nestle is selling its North American bottled-water brands for $4.3 billion to a pair of private-equity firms that hope to reinvigorate sales. Brands including Poland Spring, Deer Park, Arrowhead and Pure Life will be sold to a subsidiary of One Rock Capital Partners in partnership with Metropoulos &amp; Co. (AP Photo/Rogelio V. Solis, File)

Nestle selling North American bottled-water brands for $4.3B

By DAVID SHARP and DEE-ANN DURBIN - Associated Press

As Hostess liquidates, among its many brands and product lines to be sold off to the highest bidder is Twinkies snack cakes. The iconic treat is likely to live on after Hostess is gone, albeit under a different manufacturer. (Associated Press)

Hostess: No other bids to buy Twinkies

By Candice Choi - Associated Press