Nestle SA Edges Out Danone For Pfizer Inc.’s Infant Nutrition Unit

April 24, 2012

Nestle SA agreed to buy Pfizer Inc. (PFE)’s infant-nutrition unit for $11.9 billion, edging out Danone in a contest for a business that gets most of its sales in fast-growing emerging markets, according to Bloomberg BusinessWeek. For the full story, click here

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