‘Nestle among four firms eyeing Danone’s Medical Nutrition unit’

Swiss food giant Nestle and diversified German healthcare group Fresenius are among the four groups that have shown interest in buying the Medical Nutrition unit of France’s Danone, French daily Les Echos said.

Reuters reported last month that Danone, the world’s biggest yoghurt maker, was considering selling the unit, a maker of feeding tubes and other products that has been under pressure from declining healthcare budgets in Europe.

Danone, which could use the cash to expand its dairy and baby food businesses in higher-growth emerging markets, has, however, kept silent over its plans.