- Nestle (NSRGY) could acquire infant formula producer Mead Johnson (MJN), an anonymous source told StreetInsider.
- Last year, Danone (DANOY) was rumored to be a suitor.
StreetInsider reports:
“Swiss packaged food giant Nestle is interested in acquiring Mead Johnson, an Illinois-based company that manufactures and sells infant formulas or other nutritional products, according to a person claiming to have knowledge of the matter. Credit Suisse is advising on the potential deal, and if talks go smoothly a transaction could be announced before March, the person said.”