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Nestle Wins Clearance to Buy From China

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The Chinese market is huge and creates large opportunities for entrepreneurs and businesses to expand their market. This purchase will help Nestle regain traction in the Chinese baby-food market, where it has been losing market share.

Nestle SA (NESN), the world’s largest food company, won regulatory approval in China for its $11.9 billion acquisition of Pfizer Inc. (PFE)’s infant-nutrition unit.

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