BUZZ-Mead Johnson Nutrition Co: Danone to pursue takeover - sources

vendredi 17 octobre 2014 19h53

** Pediatric nutrition company's shares up 9.9 pct at $100.26;

** Stock rose as much as 15 pct to record high of $104.89 earlier, posting its biggest intra-day percentage gain since January 2013

** French food giant Danone SA has decided to pursue a takeover of Mead Johnson, sources familiar with matter told Reuters

** "Danone has done its internal strategic review and decided that Mead Johnson is its preferred acquisition," one of the sources said

** Up to Thursday's close, stock had risen nearly 9 pct this year