Nestle moves to buy Pfizer's baby food arm Archives - Just Food
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Nestle moves to buy Pfizer's baby food arm

Comment: Nestle pays the piper with Pfizer deal

Announcing its US$11.85bn acquisition of Pfizer's baby food unit this morning (23 April), it was interesting to note that Nestle took a slightly unusual tact in presenting the deal multiples.

In the spotlight: Nestle’s Pfizer buy offers long-term baby food boost

In the spotlight: Nestle’s Pfizer buy offers long-term baby food boost

Nestle has won through in the battle to acquire Pfizer's baby food business, securing an US$11.85bn deal that will see the world's largest infant nutrition group extend its lead in this fast-growing category. However, with a hefty price tag attached, the deal has not been warmly welcomed by investors. Katy Askew reports.

CAGNY: Heinz open to Pfizer baby-food morsels

Heinz chief executive Bill Johnson has suggested the US food giant would be interesting in buying any assets that could emerge if Pfizer's infant nutrition unit is sold. Johnson said…