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Business 03 Feb 2017 | 12:00 AM

Reckitt eyes Mead Johnson with surprise US$16.7b bid

LONDON: Reckitt Benckiser Group Plc emerged as a surprise suitor for perennial bid candidate Mead Johnson Nutrition Co, starting talks on a US$16.7bil purchase of the baby food maker to build its faster growing consumer-health business and bolster its presence in Asia.