|Day's range||32.85 - 33.24|
|52-week range||32.26 - 40.00|
|PE ratio (TTM)||20.26|
|Earnings date||24 Aug 2017|
|Dividend & yield||0.68 (2.05%)|
|1y target est||38.40|
U.S. spices maker McCormick & Co Inc has won the battle to buy Reckitt Benckiser Group's North American food business, paying a higher than expected $4.2 billion to add extra seasonings and sauces. London-listed Reckitt said in April it was reviewing options for the unit, which includes French's mustard and Frank's RedHot sauce, to cut debt following its $16.6 billion purchase of baby formula maker Mead Johnson. The sale, announced late on Tuesday, will reduce Reckitt's net debt to EBITDA ratio to 3.3 times from 4.1 times.
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Anglo-Dutch conglomerate Unilever is vying with U.S. canned meat producer Hormel Foods Corp to buy the foods division of British consumer goods maker Reckitt Benckiser, the Sunday Times newspaper reported, ...