10 Feb 2017 --- Mead Johnson Nutrition Company has reached an agreement to be acquired by Reckitt Benckiser Group plc (RB), the world's leading consumer health and hygiene company. Under the agreement, shareholders will receive $90 in cash for each share of common stock, valuing the total equity at $16.6 billion. As a result of this transaction, Mead Johnson will become a new division of RB with its globally-recognized Enfamil and Nutramigen brands joining RB's portfolio of leading consumer health brands.
