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Danone May Buy Wockhardt’s Nutrition Business, Times Says

July 26 (Bloomberg) -- Groupe Danone SA, the world’s largest yogurt maker, is in discussions with India’s Wockhardt Ltd. to buy its nutrition business, the Economic Times website reported, citing a person it didn’t identify.

Danone may pay as much as 12 billion rupees ($271 million) for the unit, according to the newspaper. Sabrina Schneider, a spokeswoman for Danone in Paris, declined to comment on “rumors.”

-- With assistance from Jason gale in Singapore, Dermot Doherty in Geneva. Editor: Abhay Singh

To contact the reporter on this story: Malavika Sharma in New Delhi at msharma52@bloomberg.net.

To contact the editor responsible for this story: Hari Govind at hgovind@bloomberg.net

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