date:Mar 10, 2014
ng any proceeds on bolt-on acquisitions where it is achieving higher growth, higher profits or is more dominant.
A sale of the entire Medical Nutrition business could be a strategic decision if Danone is looking for 5-7 billion euros ($7-10 billion) financial capacity for one or several acquisitions, said Natixis analyst Pierre Tegner.
Bankers and analysts said that if Danone aimed to buy something big it would most likely be Mead Johnson Nutrition (MJN), the maker of Enfamil baby formula, or