Nestle (NSRGY.PK) is reportedly in advanced talks with banks to raise $8.7B for its $11.85B...

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

Nestle (NSRGY.PK) is reportedly in advanced talks with banks to raise $8.7B for its $11.85B takeover of Pfizer Nutrition. Though the deal is on the pricey side, the company has a long-standing reputation as a good bet in the loan markets, allowing it to borrow at cheaper rates.