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China Mengniu Dairy (CIADF.PK), the country's largest dairy company, may bid for Pfizer's (PFE)...

China Mengniu Dairy (CIADF.PK), the country's largest dairy company, may bid for Pfizer's (PFE) infant-nutrition business, reports say. However, with the unit expected to fetch up to $10.5B, the acquisition may be hard to pull off for Mengniu, as its market cap is just HK$43.7B ($5.6B).
Comments (1)
  • dividend_growth
    , contributor
    Comments (2878) | Send Message
     
    It would be a very good deal for Pfizer.
    24 Oct 2011, 05:22 AM Reply Like
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