$12B Nestle-Pfizer Deal Could Impact Formula Market: Regulator
The Australian Competition & Consumer Commission said in a statement of issues that the merger, if completed, would eliminate one of Nestle's closest competitors from the market, likely resulting in “muted competition.”
Nestle announced in April that it had agreed to acquire Pfizer Nutrition following months of speculation. H.J. Heinz Co. and...
Already a subscriber? Click here to login