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Exclusive: Nestle and Fresenius home in on Danone Medical - sources

Started by riky, April 05, 2014, 09:00:17 AM

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riky

Exclusive: Nestle and Fresenius home in on Danone Medical - sources

<p><a href="http://news.yahoo.com/exclusive-nestle-fresenius-home-danone-medical-sources-111535364--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/h9b5vtBz18BhsmNPqE6dPQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-04T131653Z_2_CBREA330VA400_RTROPTP_2_NESTLE-RESULTS.JPG" width="130" height="86" alt="A Nestle logo is pictured on a Milo tin in a showroom at the company headquarters in Vevey" align="left" title="A Nestle logo is pictured on a Milo tin in a showroom at the company headquarters in Vevey" border="0" /></a>By Anjuli Davies and Andreas Kröner LONDON/FRANKFURT (Reuters) - The field of bidders for Danone's Medical Nutrition business has narrowed to German healthcare group Fresenius and Swiss food company Nestle, two people familiar with the process told Reuters on Friday. Four groups including Nestle and Fresenius had previously shown interest in buying the business, French daily Les Echos said last month. Reuters reported in February that Danone, the world's biggest yoghurt maker, was considering selling the business - which makes feeding tubes and foods and beverages for people with special nutritional needs - even though it has a profit margin above the group average. Danone, Nestle and Fresenius all declined to comment.</p><br clear="all"/>

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