date:Jan 11, 2013
Nestl has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.
Bloomberg reported yesterday that the food and beverage giant is in the early stages of a process to sell assets in a number of Latin American countries to meet the demands of competition authorities in the region.
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