Thursday, June 28, 2012

Nestle to buy Pfizer baby food unit

It seems that Nestle won the battle with Danone over the acquisition of the Pfizer unit, with a bid of $11.85 Billion. The sale is subject to regulatory approval and is expected to close in mid 2013 and will help Nestle extend its lead in the infant formula market. Pfizer Nutrition's brands include S-26 Gold, SMA and Promil.
From http://www.bbc.co.uk/news/business-17810525 23/4/12

Please note that NCT does not support Nestle. This is not a post to promote Nestle but rather to inform our members that should they wish to boycott Nestle products the list is now a little longer. Reasons why you may wish to avoid Nestle can be found here. A full list of Nestle products can be found here http://en.wikipedia.org/wiki/List_of_Nestl%C3%A9_brands

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