Nestle to buy Gerber for $5.5 billion »
Posted by: Aidenag 1 year, 4 months agoNestle SA said Thursday it will buy baby-food maker Gerber Products Co. from pharmaceutical giant Novartis for $5.5 billion, pushing it to No. 1 in the baby-food market. The deal is expected to be completed during the second half of 2007, subject to approval by regulatory authorities, Nestle said.
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