Buying Mead Johnson Nutrition Co. is one way for Danone to break Nestle SA’s lock on the baby-food industry.
Nestle SA, the Swiss company said to be preparing a bid for Pfizer Inc.’s baby-food unit, may aim to regain momentum in China’s infant formula market by acquiring the maker of SMA Gold.
H.J. Heinz Co.’s strategy to build an infant-formula business in China may include buying a regional baby-food maker, according to an analyst at Sanford C. Bernstein & Co.
Nestle SA, the world’s biggest food company, agreed to buy Pfizer Inc.’s infant-nutrition unit for $11.9 billion, edging out Danone in a contest for a business that gets most of its sales in fast-growing emerging markets.
Beech-Nut's CEO Says Millennial Moms Looking at Labels (Audio)