AP HDD 2
EN_00963117_8641
FILE --- Exterior view of Nestle headquarters in Vevey, Switzerland, pictured on November 10, 2005. Nestle SA, the world's biggest food company, announced in a statement on Thursday, December 14, 2006, that it will buy the medical-nutrition unit of Swiss drugmaker Novartis AG for $2.5 billion (Euro 1.8 billion) to gain a provider of hospital meals. The unit makes food laced with protein or extra calories for patients weakened by surgery or cancer, as well as feeding pumps that deliver nutrients directly to the stomach. Nestle Chief Executive Officer Peter Brabeck has sold coffee, cocoa and dairy processing units to focus on more lucrative health foods and higher-priced drinks. The company estimates revenue from clinical nutrition products and foods with branded active ingredients grew at
DATABASE, NO SALES, NO ARCHIVES
Minimum price 50PLN
2005-11-10
KEY/East News
Associated Press
MARTIN RUETSCHI
051110038547
1,12MB
31cm x 20cm by 300dpi
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