date:Nov 05, 2012
Reporters confirmed from the Nestl (China) Ltd. that Chinese Regulators had authorized Nestls acquisiton of Wyeth Milk Powder, Pfizers infant nutrition business, with $11.85bn. This information means a further step to the completion of the contransaction anounced in this Apil .
It was reported that last week this contransaction got approval.of Chinese regulators .
April this year, Nestl announced it would acquire Pfizers infant nutrition business, and planed to merger this business with its ex