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Reckitt Benckiser Group PLC (RB.L)

RB.L on London Stock Exchange

7,869.00GBp
26 May 2017
Change (% chg)

72.00 (+0.92%)
Prev Close
7,797.00
Open
7,800.00
Day's High
7,869.00
Day's Low
7,750.00
Volume
1,132,208
Avg. Vol
1,541,656
52-wk High
7,869.00
52-wk Low
6,496.00

Latest Key Developments (Source: Significant Developments)

Reckitt benckiser cfo says can not comment on size of any potential liabilities arising from indivior investigation
Friday, 21 Apr 2017 04:44am EDT 

Reckitt Benckiser Group Plc :Reckitt benckiser cfo says continues to like scholl/amope franchise.Reckitt benckiser cfo says need to look to second half to see south korean issue work through system.Reckitt benckiser cfo says if currencies' spot rates at 31 march stayed constant for full year, it would boost reported revenue by 8 percent.Reckitt benckiser ceo says again that 2017 will be a "tale of two halves" w/ improvement in second half.Reckitt benckiser cfo says remains comfortable with medium term guidance on margins.Reckitt benckiser ceo says thinks indian demonetization could have a lingering impact on trading in country.Reckitt benckiser ceo says underlying health business is performing well, despite current issues.Reckitt benckiser ceo says has not found "magic" innovation in vitamins/supplements business.Reckitt benckiser cfo says can not comment on size of any potential liabilities arising from indivior investigation.  Full Article

Unilever CFO comments on outlook, spreads unit sale
Thursday, 20 Apr 2017 02:33am EDT 

April 20 (Reuters) - Unilever Plc :Interview-Unilever cfo says q1 results helped by business units sticking to "business as usual" during review.Interview-Unilever cfo says seeing positive signs in the economy overall.Interview-Unilever cfo says thinks seeing a "bottoming out" of currency devaluations in key emerging markets.Interview-Unilever cfo says always lag between economic fundamentals and consumer demand, but encouraged.Interview-Unilever cfo says performance in second half of 2017 should be better than first half.Interview-Unilever cfo declines to comment on interest in reckitt benckiser's food business.Unilever cfo says it's a relief to be able to "engage wholeheartedly" with private equity community on spreads.Unilever cfo says hasn't started inviting interest, but hopes to have a mix of financial, strategic bidders.  Full Article

Consumer Safety Coalition urges Justice Department review of proposed acquisition of Mead Johnson by Reckitt Benckiser
Tuesday, 28 Feb 2017 08:30am EST 

Reckitt Benckiser Group Plc :Consumer Safety Coalition urges Justice Department review of proposed acquisition of Mead Johnson by Reckitt Benckiser.  Full Article

Mead Johnson confirms deal discussions with Reckitt Benckiser
Wednesday, 1 Feb 2017 10:52pm EST 

Mead Johnson Nutrition Co : Statement on discussions with Reckitt Benckiser Plc . Confirms that it is in discussions with RB with respect to its proposal to acquire outstanding shares of MJN for $90 per share in cash .Says no agreement has been completed, and there are no assurances that any transaction will result from these discussions.  Full Article

Reckitt Benckiser confirms it is talks to buy Mead Johnson
Wednesday, 1 Feb 2017 07:44pm EST 

Reckitt Benckiser Group Plc : Expects to finance the possible transaction through a combination of cash and debt . Reckitt Benckiser Group Plc - no certainty that any transaction will ultimately be agreed, nor as to the terms on which any transaction might occur . Negotiations valuing Mead Johnson's entire share capital at approximately $16.7 billion . Says confirms that it is in advanced negotiations to acquire each Mead Johnson share for $90 in cash Further company coverage: [RB.L] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Reckitt Benckiser in talks to buy Mead Johnson in deal that could be worth more than $15 bln- source
Wednesday, 1 Feb 2017 07:19pm EST 

: Reckitt Benckiser in talks to buy Mead Johnson in deal that could be worth more than $15 billion- source ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Reckitt Benckiser in talks to buy Mead Johnson in deal that could be worth more than $15 bln - CNBC citing DJ
Wednesday, 1 Feb 2017 05:59pm EST 

: Reckitt Benckiser is in talks to buy Mead Johnson in deal that could be worth more than $15 billion - CNBC citing DJ Further company coverage: [MJN.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Bristol-Myers Says in May sold business comprising an alliance with Reckitt Benckiser
Thursday, 28 Jul 2016 11:45am EDT 

: Bristol Myers Squibb - In May 2016, co sold the business comprising an alliance with Reckitt Benckiser Group including several OTC products sold primarily in Mexico and Brazil .Bristol Myers Squibb - Reckitt exercised its option to acquire the business, including a manufacturing facility, for $317 million, resulting in a gain of $277 million.  Full Article

UK's CMA says Reckitt Benckiser licensed K-Y brand to Thornton & Ross
Monday, 20 Jun 2016 09:10am EDT 

Competition and Markets Authority : Reckitt Benckiser licensed K-Y brand to Thornton & Ross for 8 years and completed its merger with Johnson & Johnson Link to source: (http://bit.ly/28ITo7z) (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Church & Dwight co comments on market speculation
Thursday, 19 May 2016 10:35am EDT 

Church & Dwight Co Inc : Church & Dwight comments on market speculation . Not engaged in discussions with, nor has it received any proposal or communication concerning a potential bid for company . Company is not engaged in discussions with, nor has it received any proposal or communication concerning a potential bid for company . Not aware of any information supporting market speculation .Says is not aware of any information supporting rumors.  Full Article

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