British household products company Reckitt Benckiser is acquiring Glenview-based baby formula maker Mead Johnson for $16.6 billion in a move that will help the company grow in China. Reckitt Benckiser, which makes products ranging from condoms to Lysol, offered $90 for each Mead Johnson share, or about $16.6 billion.
Category: Reckitt Benckiser
Reckitt Benckiser to Acquire Mead Johnson in $18B Deal
Reckitt Benckiser has agreed to buy U.S. infant formula maker Mead Johnson Nutrition for $16.6 billion, marking its first step into baby formula, it said on Friday.
Reckitt Benckiser to Buy Mead Johnson For $16.6 Billion
Reckitt Benckiser said Friday that it has reached an agreement to buy Mead Johnson for an enterprise value of $17.9 billion. Reckitt Benckiser plc said Friday that it has reached an agreement to buy Mead Johnson for an enterprise value of $17.9 billion.