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

|About: China Mengniu Dairy Co., ... (CIADF)|By:, SA News Editor

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).