Breaking News

Reckitt Benckiser Bails on Coppertone

April 30, 2014

Drops out of bidding for Merck's consumer unit.

Consumer-goods company Reckitt Benckiser Group PLC said today that it was now no longer in active discussions regarding an offer for Merck & Co.'s consumer health business.

Shares of Reckitt Benckiser on Wednesday closed at 4775 pence, valuing the company at 34.39 billion pounds ($57.85 billion).
 

Bayer AG has also been pursuing the business, according to a person familiar with the matter.

Related End-User Markets:

blog comments powered by Disqus
  • Witch

    Witch's Brew: Dickinson's celebrates milestone in 2016

    Christine Esposito, Associate Editor||February 1, 2016
    Dickinson’s celebrates 150 years of witch hazel skin care with the biggest line expansion in the company’s history.

  • From Research to Retail

    Tom Branna, Editorial Director||February 1, 2016
    What began as research on skin disorders led a dermatologist and his father to create their own skin care formulas.

  • When a Cosmetic Becomes a Drug

    When a Cosmetic Becomes a Drug

    Jacqueline Sheridan, Dinsmore & Shohl LLP||January 11, 2016
    The unintentional conversion of personal care products through marketing.