Reckitt Benckiser shortlists bidders for Mead Johnson China biz
Shanghai, China. Source: Denys Nevozhai/Unsplash
May 14, 2021
British consumer goods company Reckitt Benckiser Group has shortlisted bidders including Bain Capital, Carlyle Group and dairy producer Yili to submit binding offers for its Greater China infant formula business, sources said.
The group has hired Morgan Stanley to run an auction of infant formula unit Mead Johnson in Greater China, in a deal that could fetch over $2 billion. Morgan Stanley declined to comment.
Also on the shortlist are Sequoia Capital China teaming up with its portfolio company Shijiazhuang Junlebao Dairy Co, and private equity firm KKR & Co, said the sources, who declined to be named as the information is confidential.
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PORTLAND, Ore., May 11, 2021 /PRNewswire/ Allied Market Research published a report, titled, Liquid Soap Market
by Type (Organic and Conventional), Product (Hand Wash, Face Wash, Surface Cleaner and Others), Application (Commercial and Residential), and Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores and Online Sales Channel): Global Opportunity Analysis and Industry Forecast 2021–2027. According to the report, the global liquid soap industry was estimated at $18.20 billion in 2019, and is expected to hit $38.19 billion by 2027, registering a CAGR of 9.3% from 2021 to 2027.
Drivers, restraints, and opportunities-
Rise in awareness about huge number of benefits associated with healthy & hygienic lifestyle, various initiatives by governments and hospitals toward maintenances of personal hygiene, and ease in availability of low-cost products drive the growth of the global liquid soap market. On the
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Global Disinfectant Wipes Market Report 2021 – Production and Consumption Professional Analysis (Impact of COVID-19) study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Disinfectant Wipes report also includes detailed profiles of market’s major manufacturers and importers who are dominating the market. It also displays the growing factors, segmentations, reasons for decline in the market, and breaks & openings that are likely to flourish the expansion of the Disinfectant Wipes market in the forecast period. The report provides complete analysis (Including Full TOC, 100+ Tables & Figures, and Chart). In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region such as North America, China, Europe, Southeast Asia, Japan, and India, with respect to the production, price, revenue and market shar
10 Best UK Stocks to Buy Now
The COVID-19 pandemic hit the United Kingdom as hard as the rest of the world, resulting in lockdown restrictions for most of the year that halted business activities and sent the stock market crashing in early 2020. However, with the coronavirus vaccine being administered all over the country, business activities have returned gradually over the course of the past few weeks and stocks are recovering. There is also an argument to be made that the London Stock Exchange performed better than other other markets around the world during the crisis.
For example, £9.2bn was raised through initial public offerings at the LSE in 2020, 27% more than the previous year. Six out of ten of the largest initial offerings were of international companies during the period. Through the pandemic, 445 businesses returning to the market raised £40.8 billion in follow-on capital, an increase of 67% compared to 2019. However, other indicators tell a different story. The F