Posts Tagged: baby food
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Yes, Great, Let's Have Nestle Feed The Whole World's Babies

"Swiss food group Nestle is to buy drugmaker Pfizer's baby food business for $11.85 billion, beating out French rival Danone in the battle for dominance of fast-growing emerging markets. The world's biggest food company had to dig deeper than expected into its ample pockets to win the high-stakes fight for Pfizer Nutrition, which makes 85 percent of its sales in emerging markets and is Nestle's biggest deal to date." —What could go wrong?