Bloomberg News

Mengniu Dairy Says It’s Not in Direct Talks With Pfizer on Bid

October 24, 2011

Oct. 24 (Bloomberg) -- China Mengniu Dairy Co. said it is not in any “direct negotiation” for a bid of Pfizer Inc.’s infant nutrition business.

China Mengniu “currently has no concrete arrangement or plan” related to the bid, according to a statement to the Hong Kong stock exchange. The company will “closely monitor the development,” it said.

Link to Statement:{NSN LTKC0H3TCF0L <GO>}

To contact the reporter on this story: Marco Lui in Hong Kong at

To contact the editor responsible for this story: Billy Chan at

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