WSJ lands a corker with Reckitt Benckiser/Mead Johnson tale
Take a bow M&A hacks over at the venerable Wall Street Journal.
Late last night the two Danas published a tale about London-listed Reckitt Benckiser is in talks to buy US baby food company Mead Johnson for over $16 billion and today the FTSE 100 company has confirmed the WSJ's mega scoop. (see the link below)
Whilst little old Betaville didn't quite nail this tale down to the floor hopefully these pieces (see below) about Mead Johnson and Reckitt Benckiser might have helped investors/bankers and, er, journalists figure out there was something afoot...
The interesting question now is whether Nestle or Danone (seems unlikely given the WhiteWave acquisition) decide to take on Reckitt Benskiser for Mead Johnson?..