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Zurich — Nestlé is in discussions to buy nutritional supplement maker The Bountiful Company, the Swiss food giant said on Monday, confirming media reports it is moving further into the health and nutrition sector, which is growing faster than packaged food.

Analysts said they expect a price tag of $5bn to $7bn for Bountiful, which makes Nature’s Bounty vitamins, Osteo Bi-Flex joint-care supplements, and Puritan’s Pride vitamins and supplements, but Nestlé gave no indication of a price in its statement...

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