Nestle bought the 'Gerber' baby food business of Novartis, paying
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5.5 billion dollars
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6.6 billion dollars
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7 billion dollars
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6.99 billion dollars
A
Correct answer
Explanation
Nestle acquired Gerber, the baby food business of Novartis, in 2007 for approximately $5.5 billion. This acquisition strengthened Nestle's position in the baby food market and expanded its product portfolio. Gerber was a well-established American brand known for infant nutrition products.