WSJ lands a corker with Reckitt Benckiser/Mead Johnson tale

Thursday, 2 February 2017, 7:27 am

Take a bow M&A hacks over at the venerable Wall Street Journal.

Late last night the two Danas published a tale about London-listed Reckitt Benckiser is in talks to buy US baby food company Mead Johnson for over $16 billion and today the FTSE 100 company has confirmed the WSJ's mega scoop. (see the link below)

http://www.investegate.co.uk/reckitt-benckiser-gp--rb--/rns/statement-regarding-mead-johnson/201702020700068437V/

Whilst little old Betaville didn't quite nail this tale down to the floor hopefully these pieces (see below) about Mead Johnson and Reckitt Benckiser might have helped investors/bankers and, er, journalists figure out there was something afoot...

https://www.betaville.co.uk/news/rare-alert-reckitt-benckiser-said-to-be-working-with-robey-warshaw-on-major-deal/

https://www.betaville.co.uk/news/mead-johnson-said-to-be-working-with-lazard-following-takeover-interest-from-european-food-giants/

https://www.betaville.co.uk/news/equity-research-on-er-little-old-betaville/

The interesting question now is whether Nestle or Danone (seems unlikely given the WhiteWave acquisition) decide to take on Reckitt Benskiser for Mead Johnson?..

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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