Pfizer Completes Sale of Nutrition Business to Nestlé
Pfizer Inc announced today that it has completed the sale of its Nutrition business to Nestlé for $11.85 billion in cash, following the conclusion of the required regulatory process in most markets. In certain countries where completion will be delayed due to ongoing regulatory review, Pfizer will continue to operate the business on an interim basis.
Stated Frank D’Amelio, Pfizer Chief Financial Officer,
Source: Pfizer Inc