Novartis sells off Gerber

Gibson, Jane; Bains, Elizabeth
April 2007
ICIS Chemical Business;4/16/2007, Vol. 2 Issue 62, p10
Trade Publication
The article reports on the decision of Novartis to sell its Gerber baby food business to Nestle for $5.5 billion. The sale brings an end to the company's divestment program, following its strategy to focus on healthcare. Novartis has appointed Joseph Jimenez as the chief executive officer (CEO) of its consumer health division.


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