Nestlé in discussions to acquire The Bountiful Company
The food company Nestlé wants to strengthen itself in the field of nutritional supplements with a multi-billion dollar acquisition. Negotiations are underway with the US vitamin manufacturer Bountiful about a takeover, Nestle announced in Vevey on Monday. On Friday evening, the "Wall Street Journal" (WSJ) had reported on a possible purchase and, citing people familiar with the matter, wrote of a possible volume in the mid-single-digit billion range.
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Accordingly, the deal could be signed and sealed as early as this week, the "WSJ" continued. However, it is not guaranteed that a deal will be reached, some of the informed people warned. Bountiful had been planning an initial public offering and could ultimately decide to go that route after all, they said. Bountiful is majority-owned by US financial investor KKR./mk/uh/AWP/mis/eas (dpa)
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.
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