Advertisement
U.S. markets closed
  • S&P Futures

    5,304.25
    -4.00 (-0.08%)
     
  • Dow Futures

    40,140.00
    -36.00 (-0.09%)
     
  • Nasdaq Futures

    18,465.00
    -38.75 (-0.21%)
     
  • Russell 2000 Futures

    2,145.20
    +6.80 (+0.32%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0781
    -0.0013 (-0.12%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • Vix

    13.01
    +0.23 (+1.80%)
     
  • GBP/USD

    1.2622
    -0.0000 (-0.00%)
     
  • USD/JPY

    151.2770
    -0.0950 (-0.06%)
     
  • Bitcoin USD

    70,688.81
    +1,278.66 (+1.84%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,403.53
    +235.46 (+0.59%)
     

Reckitt Benckiser confirms talks to buy Merck unit

LONDON, April 28 (Reuters) - Britain's Reckitt Benckiser Group confirmed on Monday it was in talks to buy Merck & Co Inc's consumer health business, the latest asset up for grabs in a wave of pharmaceutical deals.

The consumer products group emerged as a front runner in the auction for the unit, best known for Coppertone sunscreen and Claritin allergy medicine, at the weekend, according to Reuters. Germany's Bayer AG is also vying to buy the unit, which could fetch about $13.5 billion.

"RB confirms that it is in discussions with Merck regarding an offer for its consumer health business," the company said on Monday. "We understand that we are part of a competitive process." (Reporting by Paul Sandle; editing by Kate Holton)

Advertisement