Takeover bid for Mead Johnson lights a fire under A2 shares
Reckitt Benckiser is offering $US16.7 billion for Mead Johnson and Nestle is rumoured to be interested too.
Takeover talk over another infant formula manufacturer lit another fire under A2 Milk shares last week while Metro Performance Glass shares sank 19% after the company issued a profit warning.
A2 Milk shares gained 9.2% last week while Metro Glass shares fell 19% to $1.54, below the 2014 float
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Jenny Ruth
Tue, 07 Feb 2017
Tue, 07 Feb 2017
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Takeover bid for Mead Johnson lights a fire under A2 shares
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