Danone Reportedly In Talks To Sell Medical Nutrition To Nestlé
date:May 15, 2014
Danone to sell it.

Danone rose as much as 1.4%t in Paris trading and was up 1.1% at 52.85 as of 1:13 p.m. Nestle shares advanced 0.3% to 69.30 Swiss francs in Zurich.

Fresenius, which was considered one of the strongest contenders for the medical-nutrition unit, is no longer interested, the people said. Chief Executive Officer Ulf Mark Schneider last week said the company isnt working on deals bigger than 1 billion at the moment.

Fortimel, Neocate

Representatives for Danone, Nestle, which is
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