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Nestle Emerges as the Frontrunner for Merck KGaA's $5B Consumer Health Biz

biospaceJanuary 11, 2018

Tag: Nestlé , Merck

Nestle is the frontrunner to buy Merck KGaA’s consumer health unit that could fetch as much as $5 billion, financial news service Bloomberg said on Wednesday, quoting unidentified sources familiar with the matter.

Bloomberg said Nestle had submitted the highest offer and Merck was likely to select a winner during the first quarter, but might also choose not to sell the assets after all.

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