Navigation Links
Reckitt Benckiser Signs Merger Agreement To Acquire Schiff Nutrition
Date:11/21/2012

rowth trajectory with minimum disruption and realize synergies as soon as possible.  Reckitt Benckiser expects the tender offer to close before the end of calendar year 2012."

Kapoor concluded, "We are confident that our considerable expertise in building great consumer brands will drive sustainable growth and shareholder returns from this transaction."

The financial information disclosure dated October 29, 2012 and made public in Schiff's 14C SEC filing on November 5, 2012, indicated projected net sales of approximately $385 million and forecast proforma EBITDA of approximately $84.6 million for the fiscal year ending May 31, 2013.  

Pursuant to the merger agreement, Reckitt Benckiser will amend its tender offer documents to, among other matters, remove the conditions relating to due diligence and the execution of a definitive merger agreement.  The tender offer will remain subject to customary conditions, including the tender of a majority in voting power of Schiff shares of common stock and the expiration or early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act).  

Morgan Stanley & Co. Limited is acting as exclusive financial adviser to Reckitt Benckiser and no one else in connection with the matters described in this announcement. In connection with such matters, Morgan Stanley & Co. Limited, its affiliates and their respective directors, officers, employees and agents will not regard any other person as their client, nor will they be responsible to any other person for providing the protections afforded to their clients or for providing advice in relation to the transaction, the contents of this announcement or any other matter referred to herein.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as Reckitt Benckiser's legal advisor.

About Reckitt Benckiser
Reckitt Benckiser (RB) is a global consumer goods lea
'/>"/>

SOURCE Reckitt Benckiser Group PLC
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Colorado Telehealth Network Signs Contract with GNAX Health to Provide Statewide Medical Image Archive and Exchange
2. Medisafe 1 Technologies Signs the $7MM Perpetual License Agreement
3. TNI BioTech, Inc. Signs Exclusive Distributor Agreement for Federal Republic of Nigeria with G-Ex Technologies/St. Maris Pharma & GB Pharma Holdings LLC
4. HealthTrust Purchasing Group Signs Renewal for GHX Solutions to Continue Supply Chain Cost Reductions
5. QUANTEL Medical Signs Global Licensing Agreement with IRIDEX
6. PDI Signs Agreement with HealthTrust for Surface Disinfection Products
7. Cincinnati based Radiology Group signs with Comprehensive Medical Practice Management
8. Projecis Signs "Top 5" Worldwide Generic Drug Maker and Niche European CRO as Sales Climb for Software Company
9. Henry Schein Signs Agreement To Expand Animal Health Presence To Ireland With The Acquisition Of C&M Vetlink
10. Parker Signs Licensing Agreement with Vanderbilt for Exoskeleton Technology and Targets Commercial Launch in 2014
11. Varian Medical Systems Signs Purchase Agreement with Advanced Particle Therapy LLC to Supply Technology for the Georgia Proton Treatment Center to be operated by Emory Healthcare
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/14/2014)... July 14, 2014 CVS/pharmacy ® ... PLATINUM, a premium brand of 100% preservative-free vitamins ... growing family of exclusive CVS/pharmacy store brand products. ... with various benefits, including popular options such as ... women. The radiance PLATINUM line also has more premium options ...
(Date:7/14/2014)... , July 14, 2014 The legalization of ... – as well as a new economic driver – ... to sort out the right response to the will ... intoxicant. At a National Press Club ... a.m., two leading experts in the area of marijuana ...
(Date:7/14/2014)... N.Y. , July 14, 2014 We ... Surgery Center ("OACM") and the Ellicott City Ambulatory Surgery ... of Ellicott City Maryland . ... between Merritt Healthcare and 14 leading Orthopaedics, Sports Medicine, ... Facility will also accommodate the specialties of general surgery ...
Breaking Medicine Technology:CVS/pharmacy Launches Exclusive radiance PLATINUM Line of Preservative-Free Vitamins and Supplements 2CVS/pharmacy Launches Exclusive radiance PLATINUM Line of Preservative-Free Vitamins and Supplements 3NPC Newsmaker Program: Interpreting smoke signals from the marijuana skirmish line 2
(Date:7/14/2014)... Documented Legacy , a mobile personal ... of its first military memoir about a World War II ... October 1943 and 19 months as a prisoner of war ... the American dream. , From the Top Turret: A ... (Amazon) is a true life story of Gerard Caporaso’s ...
(Date:7/14/2014)... 2014 The Retina Group of ... Hauppauge, NY, has announced the availability of Ozurdex® ... diabetic macular edema (DME) patients. Ozurdex, a corticosteroid ... indication for use in diabetic macular edema. Ozurdex ... for treatment of retinal vascular occlusions and and ...
(Date:7/14/2014)... 14, 2014 According to a recent ... researchers have discovered a connection between women with high ... of infertility. Although doctors have theorized about the role ... first study to provide scientific support. , “Stress, if ... said Dr. Larry Barmat, an OB/GYN who specializes in ...
(Date:7/14/2014)... 2014 Last month Bromell Agency officially ... The webpage features more detailed information on how clients ... RVs, ATVs, and boats in the state of Louisiana. ... feature to the website in order to better educate ... the purpose of the website, which is to display ...
(Date:7/14/2014)... 14, 2014 There’s an old adage that ... The Lash Palette say the products offered in their ... , “You can reserve The Lash Palette for $40,” said ... Store . , Paris explained that the first 1,000 have ... 21. , She went on to point out that her ...
Breaking Medicine News(10 mins):Health News:Mount Laurel-based Documented Legacy to Release Military Memoir of World War II Air Force Vet Who Survived Black Thursday Crash 2Health News:Retina Group of New York Now Offers Long-lasting Ozurdex® Treatment for Diabetic Retinopathy 2Health News:Retina Group of New York Now Offers Long-lasting Ozurdex® Treatment for Diabetic Retinopathy 3Health News:Abington Health Physician Addresses Link Between Stress and Infertility 2Health News:Abington Health Physician Addresses Link Between Stress and Infertility 3Health News:The Lash Palette Preorder Event Has Officially Begun 2
... cardiovascular nurse and allied professional are already at the ... disease, and Professor Christi Deaton, Chairperson of the ESC ... an even greater role given the complex needs of ... to prevent cardiovascular disease," says Professor Deaton, "and we ...
... Eight projects in the Miami-Dade and Monroe Counties ... on addressing transportation and mobility options for seniors as ... winning projects were chosen based on their innovation and ... Place" services.The grants were the result of a November ...
... at 10 Rockefeller Plaza through March 31, 2009 NEW ... the Alzheimer,s Association, New York City Chapter will raise ... is due to the generosity of EHE International which ... display in its window at 10 Rockefeller Plaza.This display ...
... stores, studies find , , FRIDAY, March 6 (HealthDay News) ... are much less likely to offer healthy foods than ... live matters in terms of your diet," said study ... Hopkins Bloomberg School of Public Health in Baltimore. "If ...
... Pharmaceuticals (NYSE: VRX ) today announced that its ... 2009 at 9:00 a.m. Eastern Time, at the Hilton Hotel ... Jersey 07078. The record date for stockholders entitled to ... Valeant , Valeant Pharmaceuticals International (NYSE: VRX ) ...
... March 6 Despite the downturn in the economy, ... a healthcare-staffing agency founded 27 years ago in New ... an inevitable rebound in the economy, ANS has undertaken ... serve and more aggressively pursue clients on the Gulf ...
Cached Medicine News:Health News:Nurses and allied professionals at heart of cardiovascular prevention and management programs 2Health News:Nurses and allied professionals at heart of cardiovascular prevention and management programs 3Health News:Miami-Dade and Monroe County Organizations Receive Grants to 'JumpStart the Conversation' 2Health News:Miami-Dade and Monroe County Organizations Receive Grants to 'JumpStart the Conversation' 3Health News:Miami-Dade and Monroe County Organizations Receive Grants to 'JumpStart the Conversation' 4Health News:EHE International Helps Alzheimer's Association, New York City Chapter to Raise Awareness About Alzheimer's Disease 2Health News:Healthy Foods Harder to Find in Poor Neighborhoods 2Health News:Healthy Foods Harder to Find in Poor Neighborhoods 3Health News:Healthy Foods Harder to Find in Poor Neighborhoods 4Health News:American Nursing Services, Inc. Expanding Eastern Presence, Opening Birmingham Office 2
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
Medicine Products: