Reckitt Benckiser Group PLC Expected Completion Date of MJN Acquisition
RNS Number : 8413H
Reckitt Benckiser Group PLC
12 June 2017
FOR IMMEDIATE RELEASE
Reckitt Benckiser Group plc
Recommended acquisition of Mead Johnson Nutrition Company by Reckitt Benckiser Group plc
Expected completion date of acquisition
12(th) 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 15(th) 2017.
RB* 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.
Led 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.
RB 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.
For more information visit www.rb.com
*RB is the trading name of Reckitt Benckiser group of companies
Enquiries / advisers
For further information, please contact:
RB +44 (0)1753 217 800
Richard Joyce - SVP, Investor Relations
Patty O'Hayer - Director, External Relations and Government Affairs
Brunswick +44 (0) 207 404 5959
Gabrielle Silver / David Litterick
Reckitt Benckiser Group plc's LEI code is 5493003JFSMOJG48V108
This announcement is not for release, publication or distribution directly or indirectly, in whole or in part, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. This announcement has been prepared for the purposes of complying with applicable law and regulation in the United Kingdom and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of the United Kingdom.
This information is provided by RNS
The company news service from the London Stock Exchange
(END) Dow Jones Newswires
June 12, 2017 09:53 ET (13:53 GMT)