Precedent Transaction

Gerber to Nestle S.A.

This transaction does not yet have a standalone deal record. The observations below come from fairness opinions that cited it as a comparable transaction.

Fairness Opinion Citations

1 source-specific observation.

Date	Fairness Opinion	Advisor	Sector	Enterprise Value	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Filing
Apr 2007	WWAV FO	Goldman Sachs	Packaged Foods	-	-	-	-	(2) Represents Gerber enterprise value / 2006A EBIT based on Nestle investor presentation.	Open