Carlyle, Yili Expected to Bid for Reckitt's Chinese Infant-Nutrition Arm -Sky
May 07 2021 - 2:06AM
Dow Jones News
--Private equity company Carlyle Group Inc. is among bidders
expected to put forward an offer for Reckitt Benckiser Group PLC's
Chinese infant-nutrition arm, Sky reports.
--The business, which was part of a review that started in
February, is likely to fetch up to $2 billion, Sky says.
--Chinese dairy company Yili is also expected to table a bid for
the business, Sky reports.
Full story: https://bit.ly/3h84MuH
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(END) Dow Jones Newswires
May 07, 2021 01:51 ET (05:51 GMT)
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