Nestle Is Said to Tap Morgan Stanley for Vitamin Business Review

Nestle SA has appointed Morgan Stanley for a strategic review of its vitamin business, according to people familiar with the matter, as the world’s largest food company looks to revive growth.

The investment bank is tasked with exploring options for the vitamin unit that could lead to a sale of some of the brands, the people said. Those assets could be valued at €3 billion ($3.5 billion) to €4 billion in a deal, one of the people said, asking not to be identified as the information is private.