BUZZ-UK's Reckitt rises after report Danone plans to buy Mead Johnson unit

Rocket -1.17%

Rocket

RKT

14.85

-1.17%

** Shares of British consumer goods maker Reckitt Benckiser RKT.L up 4% at 5,396 pence

** La Lettre, a French political-business newsletter, reports that Danone DANO.PA is weighing a potential acquisition of Reckitt's Mead Johnson infant formula unit

** France-based global food and beverage company, Danone declined to comment on a Reuters request

** Reckitt did not immediately respond to requests for comment on the report

** RKT falls ~14% so far this year, as of last close


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.