Nestlé may sell between 10% and 15% of the baby nutrition unit it has agreed to buy from Pfizer (NYSE: PFE) for $11.9 billion, according to Bloomberg. The divestitures would be related to antitrust concerns in countries like Australia, Thailand and Venezuela. www.nestle.com
Pine Tree Equity has sold Celtic Capital Corp., a provider of asset-based business capital, to Pacific Western Bank. No financial terms were disclosed. Intrepid Investment Bankers managed the process. www.celticcapital.com
The Riverside Company has sold GreenLine Foods Inc., a Perrysburg, Ohio-based provider of fresh-trimmed packaged green beans, to Apio Inc., a wholly-owned subsidiary of Landec Corp. (Nasdaq:LNDC). Harris Williams & Co. managed the process. www.greenlinefoods.com
UCC Holdings Co. of Japan has agreed to acquire Switzerland-based United Coffee from CapVest for around 50 billion yen ($617m). www.unitedcoffee.com
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