Danone will look at assets Nestle may need to sell to get its baby food deal with Pfizer cleared, as the French food group is keen to expand in baby milk in Latin America, mainly Mexico, and catch up with its Swiss rival.
Danone, world No. 2 in baby food, lost out to market leader Nestle in April when it bought U.S. drugmaker Pfizer's brands for $11.85 billion and secure dominance of fast-growing emerging markets.
The International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers' Associations (IUF) is an international federation of trade unions representing workers employed in agriculture and plantations; the preparation and manufacture of food and beverages; hotels, restaurants and catering services; all stages of tobacco processing. The IUF is composed of 425 affiliated trade unions in 127 countries representing over 10 million workers.
How to contact the IUF: Email: [email protected] Post: Rampe du Pont-Rouge, 8, CH-1213, Petit-Lancy (Switzerland) Phone: + 41 22 793 22 33 Fax: + 41 22 793 22 38