Summary
If Bristol-Myers Squibb intends to sell Mead Johnson, now is probably as good of a time as any, an analyst said Thursday.
Two food companies - Nestle and Groupe Danone - have businesses that share large places in the baby-food industry with Mead Johnson. In September, Nestle, a Swiss company, made final its acquisition of Gerber for $5.5 billion, establishing itself as the largest maker of baby food in the United States. And last month, the French company Groupe Danone paid about $16.8 billion to complete its purchase of Numico, a Dutch maker of baby food.See the full content of this document
Extract
It's a Good Time to Sell, Says Analyst If Mead Johnson Goes Up for Sale, Who Would Likely Buy It?
In their attempt to become leaders in the industry, those companies may next look to Mead Johnson, said Linda Bannist...
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