McCormick to buy Reckitt’s food unit for $4.2 billion

Industry:    2017-07-20

 McCormick & Co Inc (MKC.N) said it would buy the food business of British consumer goods conglomerate Reckitt Benckiser Group Plc (RB.L) for more than $4.2 billion.

McCormick said it would integrate RB Foods into its consumer and industrial segments.

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