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Mexico says Nestle to sell Pfizer baby food business
date:Apr 16, 2013
ced regulatory hurdles in getting the global deal approved at the local level. Analysts say that the Swiss conglomerate may have to sell up to 30 percent of the Pfizer units as part of the approval process.

The selloff could allow other baby food makers, such as Danone SA (DANO.PA), Mead Johnson Nutrition Co (MJN.N) and HJ Heinz Co (HNZ.N), to enter the Mexican market, analysts say.

Mexico is the world's fourth-largest baby milk market after China, the United States and Indonesia.

12/21 09:30