Archives for July 26, 2011

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Danone close to €180m deal for Indian nutrition firm?

By Shane Starling

The Indian press is reporting that Danone is in “advanced talks” to buy the nutrition division of billion-dollar Indian pharma-focused firm, Wockhardt’s, for a price as high as €180m.

Coles in the clear in milk price wars

The Australian Competition and Consumer Commission (ACCC) has announced that it does not believe that supermarket operator Coles broke any competition rules when it dropped the price of it’s house brand milk to AU$1 a litre