Mead Johnson

British consumer goods multinational, Reckitt Benckiser is said to be in advanced negotiation to take over US infant formula Mead Johnson in a $16.7 billion deal, according to a report in Reuters. Infant nutrition company Mead Johnson is known for its Enfamil brand and is considered to bethe world’s number two infant formula maker with a large presence in China, Latin America as well as the United States. The company also owns …