UPDATE 1-Nestle boosts skincare business with $1.4 bln Valeant deal
May 28, 2014 at 02:50 AM EDT
ZURICH, May 28 (Reuters) - Nestle SA said on Wednesday it was boosting its emerging skincare business by buying the rights to several dermatology products from Canada's Valeant Pharmaceuticals International Inc for $1.4 billion in cash.