Nestlé to Acquire Pfizer’s Nutrition Business for $11.85 Billion

08:19 AM | April 23, 2012 | Deepti Ramesh

Pfizer says it has entered into an agreement to divest its nutrition business to Nestlé (Vevey, Switzerland) for $11.85 billion in cash. Pfizer’s nutrition business recorded sales of about $2.1...