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Danone, Nestle Said To Have Made Bids Of About $10 Billion For Pfizer Unit-Bloomberg TV

DOW JONES NEWSWIRES French dairy and bottled water company Danone SA (BN.FR) and Swiss food company Nestle SA (NESN.VX) have submitted preliminary bids of about $10 billion for Pfizer Inc.'s (PFE) infant nutrition unit, Bloomberg News reported Friday on its website, citing two people familiar with the matter. The two potential suitors are working to overcome antitrust issues, the sources said. Nestle is considering conducting a post-purchase auction of some assets to satisfy concerns of market domination, one person told Bloomberg. For its part, Danone is considering a joint bid for the unit with Mead Johnson Nutrition Co. (MJN) and may split the business according to geography or brands. Danone and Nestle may present their plans to Pfizer in the coming weeks. Pfizer spokeswoman Joan Campion told Bloomberg the company has not made a decision on the nutrition business, and is in the process of exploring options for the unit. Spokesmen for Danone and Nestle declined comment to Bloomberg. Full story at: -Dow Jones Newswires; 212-416-2900

Stock News for Morgan Stanley Dw Str Sat Att (MJN)
02/04/201609:46:08Statement of Changes in Beneficial Ownership (4)
01/28/201607:41:56Current Report Filing (8-k)
01/28/201607:30:00Mead Johnson Nutrition Delivers Earnings Per Share Above Guidance...
01/26/201616:45:21Amended Statement of Ownership (sc 13g/a)
01/04/201608:00:00Mead Johnson Schedules Fourth Quarter and Full Year 2015 Earnings...
12/14/201515:12:49Statement of Changes in Beneficial Ownership (4)
12/04/201507:53:54Statement of Changes in Beneficial Ownership (4)
12/04/201507:49:50Initial Statement of Beneficial Ownership (3)
12/04/201507:43:43Current Report Filing (8-k)
12/03/201516:21:00Mead Johnson Board of Directors Announces Dividend
11/25/201515:41:05Statement of Changes in Beneficial Ownership (4)
11/05/201516:44:19Current Report Filing (8-k)
11/03/201511:37:08Current Report Filing (8-k)
10/30/201515:46:51Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/29/201516:58:16Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
10/29/201508:51:15Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
10/22/201507:57:35Quarterly Report (10-q)
10/22/201507:30:00Mead Johnson Nutrition Reports Third Quarter & Nine-Month 2015...
10/21/201504:41:57Return To The PEG Ratio
10/16/201507:39:41My 30 Stocks For 30 Years: Q3 2015 Update

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