August 3/Paris/Agence France Press -- French food conglomerate Danone agreed to buy Wockhardt's nutrition business and brands for 250 million euros ($355 million), gaining an entry into India's baby nutrition markets.
"The strong brand awareness of Wockhardt’s Dexolac, Farex and Nusobee baby nutrition products and their credibility with healthcare professionals will accelerate Danone’s entry into the country’s baby nutrition market," Danone said in a statement.