Takeover of baby formula maker Mead Johnson Nutrition could lead to billions in damages payouts The worst acquisition by a major UK company in the last decade? It's hard to think of a deal that beats Reckitt Benckiser's $18bn purchase in 2017 of Mead Johnson Nutrition, a US-listed maker of baby milk formula. Shares in the Dettol-to-Durex group have never recovered from the shock. By way of add-on award, Rakesh Kapoor, Reckitt's chief executive back in the day, can probably scoop the prize for mo...
Takeover of baby formula maker Mead Johnson Nutrition could lead to billions in damages payouts The worst acquisition by a major UK company in the last decade? It's hard to think of a deal that beats Reckitt Benckiser's $18bn purchase in 2017 of Mead Johnson Nutrition, a US-listed maker of baby milk formula. Shares in the Dettol-to-Durex group have never recovered from the shock. By way of add-on award, Rakesh Kapoor, Reckitt's chief executive back in the day, can probably scoop the prize for mo...
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