Reckitt grabs Bayer's vitamin supplement

  • 5 years ago
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Reckitt Benckiser has made a $1.4bn offer for Schiff, the US vitamins and nutritional supplements company. This trumps an earlier offer by Bayer, setting up a potential bidding war. Lex's Vincent Boland and Oliver Ralph discuss why Reckitt is paying so much and whether Bayer can respond.

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