Reckitt Benckiser in talks to buy Mead Johnson for $16.7 billion

(Reuters) - UK consumer goods maker Reckitt Benckiser Group Plc said it was in advanced talks to buy baby formula maker Mead Johnson Nutrition Co in a $16.7 billion deal that would take it in a new direction and boost its business in Asia.

Reckitt Benckiser in talks to buy Mead Johnson for $16.7 billion
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