$RBGLY Reckitt Benckiser is weighing strategic opt
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Posted On: 04/03/2017 2:47:58 PM
$RBGLY Reckitt Benckiser is weighing strategic options for its food business as it seeks to pay down debt following its planned $16.6B purchase of Mead Johnson (NYSE:MJN). A sale of the business, which includes labels like French's mustard and Frank's hot sauce, could fetch more than £2.4B, and leave Reckitt (OTCPK:RBGLY) increasingly focused on consumer health.
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