Reckitt Benckiser Group Plc said it will start a strategic review of its pharmaceutical unit, pointing to the possible sale of a business that analysts say could fetch at least 1.5 billion pounds ($2.4 billion).
Joh. A. Benckiser Group’s $340 million takeover of Caribou Coffee Co. may be a small step in a larger plan to take on the likes of Nestle SA and Starbucks Corp. for leadership in the $45 billion global coffee market.
Unilever, the world’s second-largest consumer-goods maker, said sales growth weakened in the third quarter amid a further slowdown in emerging markets, sending the shares down the most in almost two years.
Anheuser-Busch InBev NV’s possible bid for the rest of Grupo Modelo SAB heralds an intensified beer face-off in Mexico as an industry once dominated by home-grown brewers stands to lose its last local ties.
Joh. A. Benckiser’s plan to buy D.E. Master Blenders 1753 NV already has analysts pondering the investment firm’s next move. One possibility: An asset swap with Beiersdorf AG’s largest shareholder, the Herz family’s Maxingvest AG, which owns German coffee company Tchibo GmbH.