British dealmakers are enduring a bruising end to the first half of 2022, with about $20 billion of mergers and acquisitions falling apart in just a matter of weeks.
UK consumer giant Reckitt Benckiser Group Plc is considering shelving a $7 billion sale of its baby formula business, Bloomberg News reported Tuesday. Walgreens Boots Alliance Inc. also announced it’s abandoning a £5 billion ($6.1 billion)-plus sale of the Boots drugstore chain.