Nestl , Unilever and Coca-Cola fight it out over GSK's 3.4bn Horlicks unit


FMCG giants Unilever, Coca-Cola and NestlA© are set to compete for GlaxoSmithKline's nutrition business unit ahead of an auction later this year, reports say. Reports from the Financial Times and Reuters suggest that four bids have already been made, with a $4bn USD deal expected to be wrapped up before the end of the year.



from Biotech News