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Nestle Pays Nearly $12 Bil. For Desirable Pfizer Nutrition Portfolio

This article was originally published in The Tan Sheet

Executive Summary

Nestle’s $11.85 billion acquisition of Pfizer’s pediatric nutritionals business came in above or at the upper end of most analysts’ expectations. With the deal, Nestle keeps the portfolio – projected to generate $2.4 billion in 2012 sales – away from rivals Danone and Mead Johnson.

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