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18, 2017 1:26 a.m. ET Dow Jones Global Indexes|Global Stock Markets In an otherwise lackluster period for consumer-goods businesses,Reckitt Benckiser Groups proposed purchase of U.S. infant and baby-food maker Mead Johnson Nutrition looks timely. Britain-based Reckitt Benckiser (ticker: RB.UK), whose brands include Scholl and Air Wick, said it will... Dow Jones Global Indexes | Global Stock Markets In an otherwise lackluster period for consumer-goods businesses, Reckitt Benckiser Group s proposed purchase of U.S. infant and baby-food maker Mead Johnson Nutrition looks timely. Britain-based Reckitt Benckiser (ticker: RB.UK), whose brands include Scholl and Air Wick, said it will pay $16.6 billion for Mead Johnson (MJN), boosting its exposure to Asian and U.S. consumer-health markets. The tie-up comes weeks after Mead, known for its Enfamil infant formula, reported fourth-quarter sales fell 7% from a year earlier.
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