Skip to content
Markets
City of London

Reckitt Weighs Shelving $7 Billion Infant Nutrition Sale

  • Sale hit by issues over price, financing and US formula crisis
  • CD&R one of few bidders in sale that drew muted interest
Enfamil
Enfamil

Photographer: Mike Pont/Getty Images

Updated on

Reckitt Benckiser Group Plc is considering whether to shelve the sale of its infant nutrition unit, as the high-profile deal falls victim to chaos in the industry and worsening financing markets, people familiar with the matter said.

Talks between the London-listed consumer goods and potential acquirers have stalled in recent weeks, the people said, asking not to be identified discussing confidential information. The business, which sells brands including Enfamil, was expected to fetch around $7 billion.