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Reckitt Benckiser, a British consumer goods company, announces its agreement to acquire Mead Johnson Nutrition, a U.S. baby formula maker, for $16.6 billion. This strategic move allows Reckitt Benckiser to expand its portfolio in the baby care sector. The acquisition aims to enhance the company's presence in the global market and provide a wider range of products for infant nutrition and child development.
Thursday, 9 February, 2017