Nestle (NSRGY.PK) will buy Pfizer's (PFE) baby food unit for $11.85B in cash, expanding Nestle's...

|About: Nestle S.A. ADR (NSRGY)|By:, SA News Editor

Nestle (NSRGY.PK) will buy Pfizer's (PFE) baby food unit for $11.85B in cash, expanding Nestle's business selling infant formula in emerging markets and hopefully helping Nestle regain some traction in China. (PR)