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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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October 8, 2015
05:44 EDTNSRGYColombia fines sugar producers in win for Coca-Cola Femsa, Nestle, Bloomberg say
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October 5, 2015
07:12 EDTNSRGYNestle in talks with R&R to create ice cream JV
Nestle and R&R, a leading European ice cream company based in the UK, are in advanced discussions to set up a new joint venture covering ice cream based mainly in Europe and Africa. The proposed joint venture will capitalize on the complementary strengths and innovation expertise of the two companies. It will combine Nestle's strong and successful brands and experience in 'out-of-home' distribution with R&R's competitive manufacturing model and significant presence in retail.
September 28, 2015
07:27 EDTHSPFDA and the Parental Drug Association to co-host a conference
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September 25, 2015
06:48 EDTNSRGYCereal makers tweak recipes in emerging markets, WSJ says
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