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Nestle seeks to pip Unilever to grab GSK’s consumer nutrition business as Coca-Cola opts out


Nestle seeks to pip Unilever to grab GSK’s consumer nutrition business as Coca-Cola opts out


Nestle, the world’s largest food and drinks company, is pitted against Anglo-Dutch consumer giant Unilever in the final round of negotiations for GlaxoSmithKline’s consumer nutrition business in India that includes the prizedHorlicksmalt drink brand, said three people aware of the development. Between the two,Nestleis believed to be the frontrunner with a more aggressive offer. Coca-Cola, the third contender selected for the protracted due diligence process, is said to have opted out.

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