Danone S.A. (BN.FR) will launch an effort to acquire U.S. infant formula maker Mead Johnson Nutrition Group (MJN), Reuters reported Friday on its website, citing people familiar with the matter.

The French food company had conducted an internal review and decided upon Mead Johnson as its preferred target, one person told Reuters.

Mead Johnson's shares were up by $8.85 to $100.06 in early afternoon trading.

Full story at: www.reuters.com/article/2014/10/17/us-mead-johnson-m-a-danone-idUSKCN0I61WM20141017

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Morgan Stanley DW Str Sat Att (NYSE:MJN)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Morgan Stanley DW Str Sat Att Charts.
Morgan Stanley DW Str Sat Att (NYSE:MJN)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Morgan Stanley DW Str Sat Att Charts.