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Reckitt Benckiser posted first quarter sales that were largely in-line with expectations and said it was on track to meet full year targets for revenue growth.
Reckitt Benckiser said Monday it will look at options for the sale of its non-core food brands as it seeks to fund its 16.6 billion takeover of Mead Johnson.
Unilever has rejected a takeover offer from Kraft Heinz, saying the $143 billion approach has "no merit" and "fundamentally undervalues" the consumer staples company.
All three major U.S. indexes closed at record highs for the second consecutive day as investors hope for a U.S. tax reform plan in the coming weeks.