Nestle SA (NESN.F)
LONDON Nestle is buying Canadian vitamin maker Atrium Innovations for $2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods.
* Company focused on US market, scope for expansion elsewhere (Adds comments)
* NESTLE EXEC SAYS ATRIUM INNOVATION ACQUISITION WILL ADD TO EARNINGS
LONDON, Dec 5 Nestle is paying $2.3 billion to buy Canadian vitamin maker Atrium Innovations, it said on Tuesday, expanding its presence in the consumer healthcare market as it seeks to offset weakness in its traditional packaged foods.
* NESTLE CLOSE TO BUYING ATRIUM INNOVATIONS FOR ABOUT $2.3 BILLION - WSJ Source text - http://on.wsj.com/2BBlJpi Further company coverage:
ZURICH, Dec 4 The Swiss blue-chip SMI was seen opening 1 percent higher at 9,365 points on Monday, according to premarket indications by bank Julius Baer .
FRANKFURT, Dec 4 The following are some of the factors that may move German stocks on Monday:
Dec 1 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:
LONDON/FRANKFURT Swiss food giant Nestle and the private equity owners of German drug firm Stada are both preparing tentative bids for Merck KgaA's consumer health unit, several sources told Reuters.
LONDON/FRANKFURT, Nov 30 Swiss food giant Nestle and the private equity owners of German drug firm Stada are both preparing tentative bids for Merck KgaA's consumer health unit, several sources told Reuters.