Acquisitions

6 Months Ended

May 31, 2019

In August 2017, we completed the acquisition of Reckitt Benckiser's Food Division ("RB Foods") from Reckitt Benckiser Group plc. The purchase price was approximately $4.21 billion, net of acquired cash of $24.3 million. During the six months ended May 31, 2018, we paid an additional $4.2 million associated with the final working capital adjustment.

During the three and six months ended May 31, 2018, we incurred $7.8 million and $16.5 million, respectively, of transaction and integration expenses related to the RB Foods acquisition. Those costs consisted of outside advisory, service and consulting costs; employee-related costs; and other costs related to the acquisition. The following are the transaction and integration expenses related to the RB Foods acquisition that we have recorded for the three and six months ended May 31, 2018 (in millions):



	Three months ended May 31, 2018		Six months ended May 31, 2018
Transaction expenses	$	—	$	0.2
Integration expenses	7.8		16.3
Total	$	7.8	$	16.5