Reckitt Benckiser: latest news - GoINPHARMA
Tuesday, 25 September 2018 - 0:29

Reckitt Benckiser

Perrigo and Reckitt Benckiser targeting Aspen Pharmacare’s unit ($1.5bn)

South Africa-based Aspen Pharmacare is looking for buyers of its infant formula division and has reportedly already drawn interest by Perrigo, Reckitt Benckiser, iNova and Lactalis groups. As previously reported, also China-based groups Health & Happiness, Beingmate Baby & Child…

M&A of Consumer Health units at a stalemate

The market provides with a wide range of opportunities those companies that want to enhance their Consumer Health portfolio through acquisitions. Assets are currently on sale by Germany-based Merck KGaA, intending to dismiss its Consumer Health arm for €4bn, and…

GSK as well renounces to acquire Pfizer’s Consumer Health arm

GlaxoSmithKline informed this morning in a short, concise press release that it will pull out of the process to acquire Pfizer’s Consumer Health division. CEO Emma Walmsley added that the group will keep reviewing other opportunities consistent with its strategy,…

Reckitt Benckiser acquires Mead Johnson for $17.9m

Reckitt Benckiser has acquired the US-based milk formula producer Mead Johnson for $17.9bn, entering the business currently leaded by giants Nestlé and Danone, which respectively hold a 22% and a 13% market share. The agreement includes a $480m break-fee in…

Reckitt Benckiser bids $16.7bn for Mead Johnson

UK-based consumer goods producer Reckitt Benckiser yesterday announced it has made a $16.7bn bid for Illinois, US-based baby formula maker Mead Johnson. The bid corresponds to $90 per share, that is to say a 30% premium to Mead Johnson’s closing…