UPDATE 1-Danone in talks to sell medical nutrition unit to Hospira - FT
July 27, 2014 at 15:29 PM EDT
PARIS, July 27 (Reuters) - French dairy group Danone is in talks to sell its medical nutrition business to U.S. group Hospira in a deal valuing the unit at about $5 billion, the Financial Times reported on Sunday, citing people familiar with the situation.