Business
Expected Completion Date of MJN Acquisition
Expected Completion Date of MJN Acquisition.
About this update from Reckitt Benckiser Group Plc
[{"type":"text","content":"\n \nRNS Number : 8413H Reckitt Benckiser Group PLC 12 June 2017 \n\n \n \nFOR IMMEDIATE RELEASE\nReckitt Benckiser Group plc\nRecommended acquisition of Mead Johnson Nutrition Company by Reckitt Benckiser Group plc\nExpected completion date of acquisition \n12th June 2017, Slough- UK Reckitt Benckiser Group plc (\"RB\") is pleased to announce that the final regulatory approval has now been received in connection with the recommended acquisition of Mead Johnson Nutrition Company by RB. Completion of this acquisition is expected to occur on June 15th 2017. \nAbout RB:\n \nRB* is the world's leading consumer health and hygiene company. The company has operations in over 60 countries, with headquarters in London, Dubai and Amsterdam, and sales in most countries across the globe. The company employs approximately 37,000 people worldwide.\n\nLed by a purpose of providing innovative solutions for healthier lives and happier homes, RB is amongst the top 10 companies listed on the London Stock Exchange. It is the global No 1 or No 2 in the majority of its fast-growing categories, driven by an exceptional focus on innovation. RB's Health, Hygiene and Home portfolio is led by its global Powerbrands including Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Air Wick, Woolite and French's. Powerbrands represent 80% of RB's net revenue.\n \nRB is redefining the world of consumer health and hygiene. Its people and unique culture are at the heart of its success. It has a drive for achievement and a passion to outperform wherever it focuses, including sustainability where it is targeting a 1/3 reduction in water impact, a 1/3 reduction in carbon and 1/3 of net revenue from more sustainable products. RB is proud to lead the Save a Child a Minute campaign, which aims to eliminate child deaths from diarrhoea, one of the world's largest killers of children under 5.\n \nFor more information visit www.rb.com \n \n*RB is the trading name of Reckitt Benckiser group of companies\n \n \nEnquiries / advisers\nFor further information, please contact:\nRB &nbs...