Reckitt Benckiser Group Plc was best positioned to maximize the return from Merck & Co.’s consumer- health unit, Chief Executive Officer Rakesh Kapoor said today, six weeks after losing out to Bayer AG in bidding for the Coppertone sunscreen maker.
American International Group Inc., built by Maurice “Hank” Greenberg into the world’s largest insurer, has shrunk by half through a series of asset sales that ended this week with the divestiture of a plane-leasing unit.
The French General Electric Co. executive thrust into the forefront of the company’s contentious Alstom SA bid is a petite mother of nine with sterling government contacts and a published romantic novel entitled “S’il suffisait d’aimer,” or “If Love was Enough.”
British and French politicians have traditionally had diametrically opposed attitudes to takeovers of their corporate crown jewels by foreigners. In Pfizer Inc.’s bid for AstraZeneca Plc, the difference is a lot smaller.