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Aimmune Therapeutics, maker of a peanut allergy treatment, said Monday that it will be acquired by the food conglomerate Nestle, which is seeking to expand its health sciences unit.

The all-cash deal values Aimmune at $2.6 billion, or $34.50 per share. Aimmune shares closed Friday at $12.60, near a four-year low due to the company’s struggles to launch its Palforzia peanut allergy treatment during the coronavirus pandemic.

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