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Danone (DANOY.PK -2.3%), bidding along with Mead Johnson (MJN +1.8%), reportedly raises its...

Danone (DANOY.PK -2.3%), bidding along with Mead Johnson (MJN +1.8%), reportedly raises its offer for Pfizer's (PFE +1.2%) infant nutrition business to nearly $11B. Analysts say Danone needs the business or it will face a problem of how to expand. Nestle (NSRGY.PK +0.2%) earlier this week was seen closing in on a deal to buy the Pfizer unit for at least $9B.
Comments (1)
  • Joseph Towers
    , contributor
    Comment (1) | Send Message
     
    Yes!
    21 Apr 2012, 01:46 AM Reply Like
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