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Reckitt Benckiser in talks to acquire Mead Johnson for US$16.7b

New York

RECKITT Benckiser Group Plc is in talks to buy baby formula maker Mead Johnson Nutrition Co for about US$16.7 billion, the latest push by the Durex condom maker to build on its faster growing consumer-health business and bolster its presence in Asian markets.

The companies...

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