“Reckitt Benckiser Considers Divesting Food Business to Fund Mead Johnson Acquisition: Potential Sale of French’s Brand and Industry Implications”
Industry insiders believe that Reckitt Benckiser is considering divesting its food business to finance its $16.6 billion acquisition of infant formula manufacturer Mead Johnson. This move could potentially lead to the sale of the popular French’s brand as the company aims to concentrate on its core operations. Some sources have mentioned Kraft Heinz as a … Read more