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Monthly Archives: April 2012

Nestlé will buy Pfizer infant nutrition business for $11.85B

Nestlé has agreed to buy Pfizer Inc.'s infant nutrition business for $11.85 billion in an effort to tap emerging markets and clinch its spot as the world's top provider of baby formula, The Wall Street Journal reports. The Swiss company estimates 2012 sales for its purchase at $2.4 billion, mostly from emerging markets. Nestlé expects the deal, which needs regulatory approval, to add to earnings per share in the first full year, the report says. ... Read More

Missouri Botanical Garden to help create online world plant catalog

The Missouri Botanical Garden, the Royal Botanic Gardens, Kew, the Royal Botanic Garden Edinburgh and the New York Botanical Garden, today announced plans to develop the World Flora, the first modern, ... Read More