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Stock Market & Financial Investment News

News Breaks
July 27, 2014
15:12 EDTHSP, FMS, DANOY, NSRGY Hospira in talks to acquire Danone medical nutrition business, FT says
French consumer company Danone (DANOY) has been in negotiations to sell its medical nutrition business to Hospira (HSP) in a deal said to value the unit at $5B, says the Financial Times. The deal would also allow for U.S. based Hospira to domicile its tax base in Europe in a tax strategy known as an inversion, added the Financial Times. In prior reports, Nestle (NSRGY) and Fresenius (FMS) have also been mentioned as suitors for the Danone unit. Reference Link
News For DANOY;HSP;NSRGY;FMS From The Last 14 Days
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November 28, 2014
13:01 EDTDANOYFresenius set to exit bidding for Danone unit, Reuters reports
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09:32 EDTFMSOn The Fly: Analyst Downgrade Summary
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05:47 EDTFMSFresenius Medical downgraded to Equal Weight from Overweight at Morgan Stanley
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November 26, 2014
06:29 EDTDANOYDanone considering sale of Yakult stake, Bloomberg reports
Danone (DANOY) is contemplating the sale of its 20% stake in Japanese dairy-drink producer Yakult Honsha, Bloomberg reports, citing people familiar with the matter. The stake is worth about $2B, Bloomberg adds. Reference Link
November 19, 2014
14:11 EDTDANOY, FMSFresenius, Permira made joint bid for Danone nutrition unit, WSJ reports
Fresenius SE, the German parent company of Fresenius Medical (FMS), and buyout firm Permira made a joint bid for Danone’s (DANOY) medical nutrition business, according to The Wall Street Journal, citing people familiar with the matter. Danone has set early next week as the deadline for others to bid, though one of the people said the joint bid is currently the only one on the table, the report noted. Reference Link
13:47 EDTFMS, DANOYFresenius, Permira made joint bid for Danone nutrition unit, DJ reports
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November 17, 2014
07:21 EDTHSP, DANOY, FMS, NSRGYDanone mulls IPO for nutrition unit as sale talks disappoint, Reuters says
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