Andrea Felsted & Chris Hughes, Columnists

Reckitt's Newfound Baby Love

A bet on CEO Kapoor's cost-cutting magic.
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Reckitt Benckiser Group Plc is asking investors to make a big leap of faith with its potential $16.7 billion purchase of Mead Johnson Nutrition Co.

Rakesh Kapoor, Reckitt's chief executive, has made no secret of his desire to do a deal, telling Bloomberg News in late 2015 that he could be interested in Pfizer Inc.'s consumer health business.