Deals
Danone Swallowing Mead Johnson Would Challenge Nestle: Real M&A
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Buying Mead Johnson Nutrition Co. is one way for Danone to break Nestle SA’s lock on the baby-food industry.
Danone could help finance a purchase with proceeds from shedding its medical nutrition unit, said Credit Suisse Group AG. The $45 billion company is weighing a sale of the business in a deal that may bring in more than 3 billion euros ($4.1 billion), according to a person familiar with the matter. Nestle bought Pfizer Inc.’s baby nutrition division in 2012.