Reckitt Benckiser gulps US baby food firm Mead Johnson

The friendly takeover of Mead Johnson by Reckitt Benckiser will "significantly strengthen" the UK company's footprint in developing markets like ChinaBritish consumer health giant Reckitt Benckiser, which makes Durex condoms and Nurofen painkillers, said Friday it has agreed to buy US infant and child nutrition specialist Mead Johnson for $ 16.6 billion. "The acquisition of Mead Johnson is a significant step forward in Reckitt Benckiser's journey as a leader in consumer health," said chief executive Rakesh Kapoor.



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