Reckitt Benckiser cuts mustard with $4bn sale after $18bn Mead Johnson purchase

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Reckitt Benckiser cuts mustard with $4bn sale after $18bn Mead Johnson purchase

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US spices maker McCormick is initially funding the acquisition of Reckitt Benckiser’s US food business with a bridge loan, as Reckitt aims to cut debt after its purchase of Mead Johnson Nutrition.

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