Reckitt Benckiser Tops Bayer With $1.4 Billion Offer for Schiff

Reckitt Benckiser Tops Bayer With $1.4 Billion Offer for Schiff

Chris Ratcliffe/Bloomberg

Reckitt Benckiser and Bayer are competing for Schiff’s fast-growing vitamins and nutritional supplements business, which the German drugmaker had sought to add to its consumer-health unit.