“Reckitt Benckiser Plans to Divest Food Business to Finance Mead Johnson Acquisition: French’s Brand Sale Expected Amid Industry Shifts Towards Healthier Products”
Industry insiders suggest that Reckitt Benckiser is planning to divest its food business to help finance its $16.6 billion acquisition of Mead Johnson, the maker of infant formula. This move could potentially lead to the sale of the well-known French’s brand as the company narrows its focus on core operations. Some reports have proposed Kraft … Read more