Friday, 29 January 2016

RARE Alert: Reckitt Benckiser said to be working with Robey Warshaw on major deal - part 2

It's good to see little old Betaville's RARE story about Reckitt Benckiser followed up in the British stock market reports this morning.

Just over a month ago I wrote that Reckitt was working with (which is different to formally appointing) uber bankers at Robey Warshaw on a major deal. Here is a link to that piece:

http://betaville123.blogspot.co.uk/2015/12/rare-alert-reckitt-benkiser-said-to-be.html

One suggestion was that Reckitt might be interested in buying Pfizer's consumer health business once it has been spun out post the Allergan merger.

Now, the British stock market reports are picking up on rumours Reckitt might go for GlaxoSmithKline's consumer health business. Here is a link to Geoff Foster's Daily Mail market report:

http://www.thisismoney.co.uk/money/markets/article-3421626/MARKET-REPORT-Nurofen-Durex-giant-Reckitt-Benckiser-queue-waiting-GlaxoSmithKline-split.html

To be clear, I have no idea whether Geoff's story today is true - readers should make their own minds up on whether his tale is accurate.

10 comments:

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