British consumer goods manufacturer Reckitt Benckiser is in talks to acquire American firm Mead Johnson for £13.2bn.
Reckitt Benckiser Group Plc is in advanced talks with Mead Johnson Nutrition Co to acquire the American baby food company. Reckitt Benckiser said that it has made an offer of $90 in cash for each Mead Johnson share, which is a 29.5 per cent premium on the stock’s closing price. Reckitt is best known for…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
