Mead Johnson Nutrition Company

Mead Johnson Nutrition Merger with Reckitt Benckiser Completed

Mead Johnson Nutrition Company (MJN) announced today that its merger with Reckitt Benckiser Group plc (RB) has been completed. As a result of the transaction, Mead Johnson’s common stock is no longer traded on the New York Stock Exchange, effective today. Mead Johnson is now a division of RB, adding its globally-recognized brands, including Enfa™ and Nutramigen©, to RB’s powerful consumer health portfolio.

"We are pleased that the completion of this transaction returns significant and immediate value to our shareholders,” said James Cornelius, MJN's Chairman of the Board. “The merger with RB is a recognition of the strong growth and geographic expansion the Mead Johnson business achieved since the company’s split-off from Bristol-Meyers Squibb in 2009. We wish our thousands of employees, whose work and dedication enabled this success, all the best in the next chapter of the Mead Johnson story. We expect the business and brands to continue to flourish as part of RB, with its larger scale and proven marketing and innovation prowess.”

About Mead Johnson

Mead Johnson, a global leader in pediatric nutrition, develops, manufactures, markets and distributes more than 70 products in over 50 markets worldwide. The company's mission is to nourish the world's children for the best start in life. The Mead Johnson name has been associated with science-based pediatric nutrition products for over 110 years. The company's Enfa™ family of brands, including Enfamil® infant formula, is a world leading brand franchise in pediatric nutrition.

EN
15/06/2017

Reports on Mead Johnson Nutrition Company

Please Change Name Brian Weddington ... (+2)
  • Please Change Name Brian Weddington
  • CFA

Mead Johnson Nutrition Co.: Update to Discussion of Key Credit Factors...

CORPORATES CREDIT OPINION 16 June 2017 Update RATINGS Mead Johnson Nutrition Co. Domicile Glenview, ILLINOIS, United States Long Term Rating A3 Type Senior Unsecured - Dom Curr Outlook No Outlook Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Brian Weddington, CFA 212-553-1678 VP-

Please Change Name Brian Weddington ... (+2)
  • Please Change Name Brian Weddington
  • CFA

Moody's upgrades Mead Johnson notes to A3 on Reckitt Benckiser guarant...

Rating Action: Moody's upgrades Mead Johnson notes to A3 on Reckitt Benckiser guarantee. Global Credit Research- 15 Jun 2017. Approximately $3 billion of debt instruments affected.

 PRESS RELEASE

Mead Johnson Nutrition Merger with Reckitt Benckiser Completed

CHICAGO--(BUSINESS WIRE)-- Mead Johnson Nutrition Company (MJN) announced today that its merger with Reckitt Benckiser Group plc (RB) has been completed. As a result of the transaction, Mead Johnson’s common stock is no longer traded on the New York Stock Exchange, effective today. Mead Johnson is now a division of RB, adding its globally-recognized brands, including Enfa™ and Nutramigen©, to RB’s powerful consumer health portfolio. "We are pleased that the completion of this transaction returns significant and immediate valu...

 PRESS RELEASE

Final Approval Received for Acquisition of Mead Johnson by Reckitt Ben...

CHICAGO--(BUSINESS WIRE)-- Mead Johnson Nutrition Company (NYSE: MJN) announced that the final regulatory approval has been received in order to complete its acquisition by Reckitt Benckiser Group plc. The transaction is expected to close on Thursday, June 15, 2017, subject to the satisfaction of customary closing conditions at such time. About Mead Johnson Mead Johnson, a global leader in pediatric nutrition, develops, manufactures, markets and distributes more than 70 products in over 50 markets worldwide. T...

 PRESS RELEASE

Mead Johnson Stockholders Approve Acquisition by RB; Mead Johnson Nutr...

CHICAGO--(BUSINESS WIRE)-- Mead Johnson Nutrition Company (NYSE: MJN) (“Mead Johnson” or the “Company”) announced that its stockholders approved the acquisition of Mead Johnson by Reckitt Benckiser Group plc (“RB”) at a Special Meeting of Stockholders held today in Chicago, Illinois. Shareholders of RB also approved the transaction at a General Meeting held earlier today in London. At Mead Johnson’s Special Meeting, approximately 70.30% of shares outstanding as of the record date were voted in favor of the transaction,...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch