Replies to post #4778 on The Rising Influence of Rising Affluence

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Nestlé ousts infant formula competitors in China with ‘significant’ Pfizer takeover

Nestlé has solidified its hold in China’s growing and lucrative infant formula market in its takeover of Pfizer Nutrition that has secured competitor brands SMA and Promil, according to analysts.

http://www.foodnavigator-asia.com/Business/Nestle-ousts-infant-formula-competitors-in-China-with-significant-Pfizer-takeover