China Approved Nestlé’s Acquisition of Wyeth Milk Powder
Reporters confirmed from the Nestlé (China) Ltd. that Chinese Regulators had authorized Nestlé’s acq…
Reporters confirmed from the Nestlé (China) Ltd. that Chinese Regulators had authorized Nestlé’s acquisiton of Wyeth Milk Powder, Pfizer’s infant nutrition business, with $11.85bn. This information means a further step to the completion of the contransaction anounced in this Apil .It was reported that last week this contransaction got approval.of Chinese regulators .
April this year, Nestlé announced it would acquire Pfizer’s infant nutrition business, and planed to merger this business with its existing infant formula milk powder business.
