Pfizer Inc. (PFE) plans to send out information on its infant-nutrition unit to potential bidders in September, kicking off an auction that may fetch as much as $10.5 billion, said people with knowledge of the process. Nestle SA (NESN), Danone SA and Abbott Laboratories (ABT) have spoken to financial advisers about the business, and are likely to bid, said the people, who declined to be identified because the talks are private. Mead Johnson Nutrition Co. (MJN) and Unilever, the second-biggest consumer-goods company, may also examine offers, they said.
