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Reckitt Benckiser in talks to buy Mead Johnson for $16.7bn

  Bloomberg Reckitt Benckiser Group Plc emerged as a surprise suitor for perennial bid candidate Mead Johnson Nutrition Co., starting talks on a $16.7 billion purchase of the baby food maker to build its faster growing consumer-health business and bolster its presence in Asia. The companies are discussing an offer of $90 a share in cash, Reckitt Benckiser said. That ...

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Vodafone Q3 profit falls as Indian competition crimps forecast

  Bloomberg Wireless carrier Vodafone Group Plc forecast full-year profit at the low end of its previous range, saying investments required to prop up its Indian unit will continue to hurt results as it negotiates to combine the business with a rival. “We anticipate intense competitive pressure in India in the fourth quarter and are taking a series of commercial ...

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Airbus calls in the movers as power shifts to new HQ

  PARIS / Reuters After top-level restructuring at Airbus come the musical chairs and a new logo intended to convey unity as the European giant aims to refocus its management without a return to past infighting. In a symbolic move, the man in charge of making Airbus jets has reluctantly agreed to leave his office by the vast factories in ...

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