Reckitt says looks forward to clinching Schiff takeover

LONDON Tue Nov 20, 2012 7:49am EST

LONDON Nov 20 (Reuters) - Reckitt Benckiser said on Tuesday it looked forward to clinching a deal to buy U.S. vitamin maker Schiff Nutrition after rival bidder Bayer announced it would not increase its offer.

Reckitt last week trumped Bayer's $1.2 billion agreed deal to buy Schiff with a higher offer of $1.4 billion.

"Our original tender offer still stands and we look forward to reaching an agreement," a spokeswoman for the UK consumer goods group said. "We are in communication with them (Schiff)," she added, while declining to go into further details.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article