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Shareholders urge Reckitt to reconsider sale of nutrition company, FT reports


Shareholders urge Reckitt to reconsider sale of nutrition company, FT reports

(Reuters) – British consumer goods group Reckitt is under pressure from its top shareholders to reconsider a sale of its Mead Johnson Nutrition unit after legal battles and other setbacks in the division, the Financial Times reported on Wednesday. Reckitt acquired the US baby formula manufacturer Mead Johnson Nutrition in 2017 for $16.6 billion, but […]