Friday, February 10, 2017

Economy | As expected: Reckitt Benckiser wants to Mead Johnson for 16,6 … – IMAGE

GLENVIEW/SLOUGH (dpa-AFX) – The British consumer goods group Reckitt Benckiser <GB00B24CGK77> with the billion-dollar Acquisition of the baby food manufacturer Mead Johnson <US5828391061> Seriously. The manufacturer of Clearasil, Kukident and Calgon offers for the US group a total of 16.6 billion US dollars (15.5 billion euros), as he announced on Friday in the UK Slough. That’s the equivalent of 90 dollars per share. That price had called the company already, as it was reported in early February negotiations with Mead Johnson. The Mead-Johnson stock went on Thursday with 83,05 dollars from the trade.

The Reckitt-Benckiser-management expects the Deal savings of 200 million pounds sterling (235 million Euro), to be achieved within three years after the Acquisition. The acquisition is intended to drive one in the first year, the earnings per Reckitt share price upwards. In the third year, he is already an increase in the double-digit percentage range. Mead Johnson brings an annual turnover of around 3.7 billion dollars, half of which reached the US group in Asia.

LikeTweet

No comments:

Post a Comment