South Africa's antitrust authority recommends that Nestle (NSRGY.PK) license its infant formula...

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

South Africa's antitrust authority recommends that Nestle (NSRGY.PK) license its infant formula products for 20 years to a third party in order for regulators to approve the company's acquisition of Pfizer's (PFE) baby nutrition division. The formulas would also have to be sold under a different brand as regulators look to avert price increases. Nestle won't oppose the conditions.