Andrea Felsted, Columnist

Nestle Doesn't Need This Baby

Mead Johnson acquisition would distract from the real work ahead.

January 19, 2017 at 11:20 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

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Ulf Mark Schneider, the new chief executive of Nestle SA, is wasting no time in hunting out acquisitions.

The Swiss consumer group is considering a takeover of Mead Johnson Nutrition Co., the U.S. baby-formula producer, according to a report yesterday from StreetInsider.