Mexico says Nestle to sell Pfizer baby food business
date:Apr 16, 2013
e Swiss company said a separate statement.

Nestle in January hired Rothschild to help the company sell Latin American assets valued at over $1 billion, as part of its drive to win regulatory approval for its purchase of the Pfizer unit, Bloomberg reported.

Mexico is Nestle's sixth biggest market, with $2.95 billion in sales in 2012, according to Nestle financial statements.

The size and value of Pfizer's baby food business in Mexico could not be determined.

Cofeco said that the deal would ha
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