Sunday, 22 April 2012

Nestle to buy Pfizer Nutrition for $11.9 billion

ZURICH (Reuters) - Swiss food group Nestle is to buy U.S. drugmaker Pfizer's nutrition business for $11.85 billion, beating out French rival Danone as both battle to gain preeminence in the lucrative baby food market.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/O2VaPz6KArM/us-nestle-pfizer-idUSBRE83M06J20120423

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