Questions cloud latest Danone link to Mead Johnson [Yahoo! Finance]
RECKITT BENCKISR GP S/ADR (RBGLY)
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Source: Yahoo! Finance
the infant-formula business, which has been owned since 2017 by UK consumer-goods group Reckitt Benckiser. French current affairs publication La Lettre said Danone – home to infant-formula and baby-food brands including Aptamil and Cow & Gate – has hired investment bank Centerview Partners to weigh up its options for a business Reckitt no longer sees as central to its future. Danone, unsurprisingly, refused to be drawn on the report when approached by Just Food , stating it did not “comment on rumours”. Reckitt, which describes Enfamil maker Mead Johnson as “non-core”, did not respond to a request for comment by the time of publication. It's important to note this isn't the first time Danone has been linked to Mead Johnson. Back in September 2009, the French food-and-drinks giant moved to rebuff a report it had appointed to Lazard to work on a bid for the business. That report came just weeks before US pharma group Bristol-Myers Squibb spun off Mead Johnson as a listed compa
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