Replies to post #14023 on The Rising Influence of Rising Affluence

[DewDiligence]

BAL.AX—an Australian producer of infant formula that IPOd in 2014—initially soared from sales to China’s “grey market,” but now shares are down 70% in the past year:

http://www.barrons.com/articles/aussie-infant-formula-maker-spoils-a-good-thing-in-china-1484975987

[DewDiligence]

More MJN buyout buzz—with a different buyer:

https://www.wsj.com/articles/reckitt-benckiser-is-in-talks-to-buy-mead-johnson-1485990274