Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRB..L Regulatory News (RB.)

  • There is currently no data for RB.

Statement regarding Mead Johnson

2 Feb 2017 07:00

RNS Number : 8437V
Reckitt Benckiser Group PLC
02 February 2017
 

 

 

 

 

 

2 February 2017

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

 

Reckitt Benckiser Group plcStatement regarding Mead Johnson

Reckitt Benckiser Group plc ("RB") notes the recent press speculation regarding a possible transaction involving Mead Johnson Nutrition Company ("Mead Johnson").

 

RB confirms that it is in advanced negotiations to acquire each Mead Johnson share for $90 in cash, valuing Mead Johnson's entire share capital at approximately $16.7 billion.

 

The parties are presently engaged in a period of due diligence and contract discussion.

 

RB presently expects to finance the possible transaction through a combination of cash and debt, whilst retaining a strong investment grade credit rating.

 

There is no certainty that any transaction will ultimately be agreed, nor as to the terms on which any transaction might occur.

 

A further announcement will be made as appropriate.

 

For further information, please contact:

RB

Richard Joyce

SVP, Investor Relations, Communications & External Affairs

 

+44 (0)1753 217800

Brunswick (Financial PR)

Gabrielle Silver & David Litterick

 

+44 (0)20 7404 5959

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STROKBDQABKKNBK
Date   Source Headline
23rd Mar 20155:25 pmRNSShare repurchase
20th Mar 20155:39 pmRNSShare repurchase
19th Mar 20155:12 pmRNSShare repurchase
18th Mar 20155:23 pmRNSShare repurchase
17th Mar 20155:21 pmRNSShare repurchase
16th Mar 20155:16 pmRNSShare repurchase
13th Mar 20155:26 pmRNSShare repurchase
12th Mar 20155:36 pmRNSShare repurchase
11th Mar 20155:10 pmRNSShare repurchase
10th Mar 20155:36 pmRNSShare repurchase
9th Mar 20155:24 pmRNSShare repurchase
6th Mar 20155:13 pmRNSShare repurchase
5th Mar 20155:02 pmRNSShare repurchase
4th Mar 20155:12 pmRNSShare repurchase
3rd Mar 20155:25 pmRNSShare repurchase
2nd Mar 20155:08 pmRNSShare repurchase
2nd Mar 20157:04 amRNSShare repurchase programme
2nd Mar 20157:02 amRNSTotal Voting Rights
2nd Mar 20157:00 amRNSShare repurchase
26th Feb 20155:29 pmRNSShare repurchase
25th Feb 20155:12 pmRNSShare repurchase
24th Feb 20154:54 pmRNSShare repurchase
23rd Feb 20154:56 pmRNSShare repurchase
20th Feb 20155:00 pmRNSShare repurchase
19th Feb 20154:53 pmRNSShare repurchase
18th Feb 20155:56 pmRNSShare repurchase
18th Feb 20155:33 pmRNSDirector/PDMR Shareholding
17th Feb 20155:38 pmRNSShare repurchase
16th Feb 20154:47 pmRNSShare repurchase
13th Feb 20155:43 pmRNSShare repurchase
13th Feb 20155:00 pmRNSDirector/PDMR Shareholding
12th Feb 20156:14 pmRNSDirector/PDMR Shareholding
12th Feb 20155:15 pmRNSShare repurchase
11th Feb 20155:37 pmRNSShare repurchase
11th Feb 20157:00 amRNSFinal Results
10th Feb 20155:31 pmRNSShare repurchase
9th Feb 20155:39 pmRNSShare repurchase
6th Feb 20155:04 pmRNSShare repurchase
5th Feb 20155:42 pmRNSShare repurchase
4th Feb 20155:05 pmRNSShare repurchase
3rd Feb 20155:51 pmRNSShare repurchase
2nd Feb 20154:54 pmRNSShare repurchase
30th Jan 20155:12 pmRNSTotal Voting Rights
30th Jan 20154:51 pmRNSShare repurchase
29th Jan 20154:47 pmRNSShare repurchase
28th Jan 20154:51 pmRNSShare repurchase
27th Jan 20154:49 pmRNSShare repurchase
26th Jan 20154:49 pmRNSShare repurchase
23rd Jan 20154:46 pmRNSShare repurchase
23rd Jan 201511:11 amRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.