Danone could spend Medical Nutrition cash on baby food, dairy deals
date:Mar 10, 2014
the baby food assets of Abbott in Latin America. But there was no sign of these assets being available soon.

They would probably love to do a big acquisition but there are few targets around, said a European banking source, adding Danone had a history of reshuffling its portfolio, having sold beer, glass packaging and biscuit businesses over the years.

Analysts have long said that the whole or part of U.S. based MJN, worth $16 billion, would be a good but expensive fit for Danone, helping it g
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