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
31st Mar 201412:02 pmRNSExecutive Committee Change
28th Mar 20144:55 pmRNSRelease of Treasury Shares
27th Mar 20144:53 pmRNSRelease of Treasury Shares
26th Mar 20144:42 pmRNSRelease of Treasury Shares
24th Mar 20144:48 pmRNSRelease of Treasury shares
20th Mar 20144:56 pmRNSRelease of Treasury Shares
19th Mar 20144:51 pmRNSRelease of Treasury Shares
18th Mar 20144:47 pmRNSRelease of Treasury Shares
12th Mar 20144:37 pmRNSRelease of Treasury Shares
11th Mar 20144:55 pmRNSRelease of Treasury Shares
10th Mar 20148:20 amRNSAcquisition
6th Mar 20145:16 pmRNSRelease of Treasury Shares
5th Mar 20144:52 pmRNSRelease of Treasury Shares
4th Mar 20144:52 pmRNSRelease of Treasury Shares
3rd Mar 20148:47 amRNSTotal Voting Rights
28th Feb 20145:13 pmRNSRelease of Treasury Shares
26th Feb 20144:51 pmRNSRelease of Treasury Shares
25th Feb 20145:05 pmRNSRelease of Treasury Shares
24th Feb 20144:35 pmRNSRelease of Treasury Shares
21st Feb 20144:42 pmRNSRelease of Treasury Shares
19th Feb 20144:56 pmRNSRelease of Treasury Shares
18th Feb 20145:04 pmRNSRelease of Treasury Shares
17th Feb 20144:51 pmRNSRelease of Treasury Shares
14th Feb 20144:43 pmRNSRelease of Treasury Shares
13th Feb 20144:56 pmRNSRelease of Treasury Shares
12th Feb 20144:42 pmRNSRelease of Treasury Shares
12th Feb 20147:00 amRNSFull Year Results 2013
6th Feb 201410:20 amRNSRelease of Treasury Shares
5th Feb 20144:50 pmRNSRelease of Treasury Shares
5th Feb 20149:43 amRNSDirectorate Change
3rd Feb 201411:20 amRNSRelease of Treasury Shares
31st Jan 20144:47 pmPRNTotal Voting Rights
29th Jan 201410:34 amPRNRelease of Treasury Shares
22nd Jan 20142:29 pmPRNRelease of Treasury Shares
15th Jan 201410:41 amPRNRelease of Treasury Shares
8th Jan 20143:55 pmPRNRelease of Treasury Shares
31st Dec 201311:53 amPRNTotal Voting Rights
30th Dec 20134:11 pmPRNRelease of Treasury Shares
23rd Dec 20131:04 pmPRNDirectorate Change
18th Dec 20134:36 pmPRNDirector/PDMR Shareholding
18th Dec 201312:35 pmPRNRelease of Treasury Shares
13th Dec 20134:47 pmPRNRelease of Treasury Shares
12th Dec 20134:52 pmPRNRelease of Treasury Shares
12th Dec 20131:42 pmPRNDirector/PDMR Shareholding
11th Dec 20135:21 pmPRNDirector/PDMR Shareholding
11th Dec 20135:21 pmPRNDirector/PDMR Shareholding
11th Dec 20135:19 pmPRNDirector/PDMR Shareholding
11th Dec 20135:16 pmPRNDirector/PDMR Shareholding
11th Dec 20135:15 pmPRNDirector/PDMR Shareholding
11th Dec 20135:12 pmPRNDirector/PDMR Shareholding

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.