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April 24 Nestle (NSRGY.PK) may sell $1.2B-$1.8B worth of assets from the infant-nutrition unit that it's buying from Pfizer for $11.85B in order to allay antitrust concerns in countries around the world, Bloomberg reports. Potential suitors could include Heinz (HNZ), Abbot Labs (ABT) and P-E funds.
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Company Description
Nestlé, with headquarters in Vevey, Switzerland, was founded in 1866 by Henri Nestlé and is today the world's leading nutrition, health and wellness company. Sales for 2009 were CHF 108 bn. We employ around 280 000 people and have factories or operations in almost every country in the... More