Durex manufacturer bought a baby food production company
The British Reckitt Benckiser on Friday agreed to acquire the US baby food manufacturer Mead Johnson for 16.6 billion USD – portfolio.hu wrote.
According to the announcement, Reckitt the manufacturer of the Durex condoms pay 90 USD in cash for each Mead Johnson-shares, nearly 30 percent more than where the baby food manufacturer’s price closed last Wednesday, one day before that Reckitt announced that the company is in negotiations over the purchase of Mead Johnson. (portfolio.hu)
Related news
Kraft Heinz working on Plasmon baby-food sale
Kraft Heinz has hired advisers to work on the potential…
Read more >General Mills selling North American yogurt business
General Mills, Inc. is selling its North American yogurt business…
Read more >Related news
Wholesale price growth in Germany slowed on a monthly basis, but accelerated on an annual basis in February
In Germany, wholesale price growth slowed down on a monthly…
Read more >Balance and beauty in everyday life – Balance by Béres Alexandra products are now available at Rossmann
Alexandra Béres’ Balance brand debuted at Rossmann with new beauty…
Read more >Auchan stores will celebrate Consumer Protection Day on March 14th
Auchan Hungary organized World Consumer Protection Day in its stores…
Read more >