(Reuters) - Nestle said on Thursday the deal would give its growing nutrition division -- which includes infant formula, baby food, medical nutrition, weight management and performance nutrition -- annual sales of around 10 billion Swiss francs .
Gerber, a household name in the United States, will generate an estimated $1.95 billion in net proceeds from sales in 2007, Nestle said.
Read more at Reuters.com Mergers News
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