Working your way up is overrated. Companies are increasingly just buying their way to the top of global markets.
BABY FOOD TASTES SWEET
In an all-cash, $5.5 billion deal, Nestlé will buy the Gerber baby-food business from Swiss pharma giant Novartis. The purchase catapults Nestlé to the top of the U.S. baby-food market.
In what would be the largest financial-services merger ever, Britain's Barclays PLC bid for the Netherlands' largest bank, ABN Amro NV, for $91.16 billion. The result: a worldwide banking giant with 47 million customers.
To enter into the vaccines market and strengthen its foothold...