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Scouring for growth

2 February 2017 By Carol Ryan

The UK consumer giant is in talks to buy U.S. baby formula-maker Mead Johnson for $16.7 billion. Without synergies, the deal’s return is 4 percent. Scrubbing it up to acceptable levels means boosting the target’s operating profit by almost 60 percent. Punchy, even for Reckitt.

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