Companies / Switzerland
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Novartis Divests Gerber
April 2007 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Swiss drugmaker Novartis has agreed to sell its baby food unit Gerber for US$5.5bn to local food giant Nestlé as, in line with the current trend among multinational pharmaceutical companies, it seeks greater focus on its core operations.