Reckitt Benckiser No Longer in Active Talks With Merck for Consumer Business
By Tapan Panchal
LONDON--Consumer-goods company Reckitt Benckiser Group PLC (RB.LN) said Wednesday that it was now no longer in active discussions regarding an offer for Merck & Co.'s ( MRK ) consumer health business.
Shares of Reckitt Benckiser on Wednesday closed at 4775 pence, valuing the company at 34.39 billion pounds ($57.85 billion).
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