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Carlyle, Yili Expected to Bid for Reckitt's Chinese Infant-Nutrition Arm -Sky

--Private equity company Carlyle Group Inc. is among bidders expected to put forward an offer for Reckitt Benckiser Group PLC's Chinese infant-nutrition arm, Sky reports.

--The business, which was part of a review that started in February, is likely to fetch up to $2 billion, Sky says.

--Chinese dairy company Yili is also expected to table a bid for the business, Sky reports.


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(END) Dow Jones Newswires

May 07, 2021 01:51 ET (05:51 GMT)

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