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MEAD JOHNSON
Abbott Labs to face trial on infant formulaA Chicago trial begins Wednesday. Four families claim Abbott Laboratories' baby formula caused a dangerous bowel disease in their premature...- Nestle India names insider Edouard Mac Nab new CFONestle India has a new chief financial officer. Edouard Mac Nab will take over the role on March 1. He replaces Svetlana Boldina. Mac Nab b...
- Nestle recalls infant formula batches in 25 countries over toxin riskNestle is recalling infant formula batches, including SMA, BEBA, and NAN, across Europe, Turkey, and Argentina due to potential contaminati...
- Reckitt Benckiser's ex-global CEO Rakesh Kapoor launches India fundFormer CEO of Reckitt Benckiser Group Plc, Rakesh Kapoor, has launched the $100-million 12 Flags India Consumer Fund which will invest in e...
- Reckitt kicks off $10 billion infant nutrition biz saleThe London-listed company, which sells brands including Enfamil formula, sent out marketing materials to potential buyers this month, the p...
- Reckitt Benckiser weighs sale of baby food businessThe British consumer goods company, which sells brands including Enfamil formula, is reviewing the business globally and has been informall...
- Reckitt to sell China baby-formula business for $2.2 billionReckitt will retain an 8% stake in the unit and sees net cash proceeds of about $1.3 billion, which it plans to use to reduce debt, the com...
- Reckitt Benckiser Group Plc names Laxman Narasimhan as global CEONarasimhan to replace another Indian, Rakesh Kapoor, at the British firm.
- Kellogg, Reckitt Benckiser join queue for a glass of HorlicksKellogg and Reckitt Benckiser are the latest entrants in the race to acquire the consumer nutrition biz.
- Despite ban, marketing of hazardous breast-milk substitutes stays rampantIn India, ironically, Nearly half the infants under six months are not exclusively breastfed a rate that has not improved substantially in ...
- This $17 billion dilemma will make or break Reckitt's CEO Rakesh Kapoor: GadflyPfizer isn't the only route to solving Reckett's growth problem. Some are less obvious, but that's not an issue for Kapoor as he has a habi...
- Reckitt Benckiser retains Media Agency InitiativeInitiative will continue to handle media planning and buying duties, including digital, for all brands under RB, including recently acquire...
- Reckitt Benckiser elevates India MD Nitish Kapoor to global leadership roleKapoor, who led the India operations for four years and was also RB’s senior vice-president for South Asia, will now head the company’s hea...
- Gurveen Singh to head Reckitt Benckiser's Global HRIndia-born Gurveen Singh, currently RB’s head of HR for developing markets based in Dubai, will succeed Deborah Yates.
- Horlicks plays on price points as Nestle, Danone and Abbot bring fight to its doorWhile India is the second largest country after the US in terms of topline for GSK Consumer, the Gurgaon-based firm continues to depend hea...
- James Franco's adult drama 'The Deuce' gets series order at HBOThe show follows the legalisation and subsequent rise of the adult industry in New York's Times Square in the early 1970.
- Nestle close to buying Pfizer's infant nutrition business for $10 billionNestle, the world's biggest food group, is closing in on a deal to buy Pfizer's infant nutrition business for up to $10 billion to boost it...
- Danone shares firm after Wahaha dealShares in global food industry giant Danone rose by 1.23 percent on Wednesday after an announcement that it had reached an amicable settlem...
- Middle East IPOs raise $83.6 m in Q1 of 2009; down 2.1%Companies in the Middle-East raised $83.6 million through two IPOs in the first quarter of this year, a 97.9 per cent decline from that rai...
- Bristol-Myers to shut half of its plants in 3 yearsApart from plant shutdowns, the company plans to lay off about 4,300 employees in a broad restructuring aimed at cost savings of $1.5 b by ...
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