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Monday, April 23, 2012

Nestle to buy Pfizer's infant-nutrition business

Swiss food and drink giant Nestle SA has announced a deal to acquire Pfizer Inc.’s infant-nutrition business for $11.85 billion.

The Vevey, Switzerland-based company says the acquisition, subject to regulatory approval would “enhance its position in global infant nutrition.”

From: http://ping.fm/84iHY

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