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The consumer-goods company is selling a majority stake in its home-care business to Advent International as it looks to sharpen its focus on core brands.
Advent International will buy a 70% stake in Reckitt’s essential home business, which also includes brands such as Air Wick.
Reckitt is selling its Essential Home business to Advent for $4.8B, retaining a 30% stake as it refocuses on core ...
Reckitt will retain a 30 per stake in the division under the terms of the deal agreed with Advent. The FTSE 100 company plans to return about $2.2bn of the sale proceeds to shareholders via a special ...
Reckitt Benckiser shares surged on Thursday after the consumer-goods company reported better-than-expected performance in its ...
Reckitt to simplify by dropping home products and troubled infant-formula unit By Louis Goss Follow Published: July 24, 2024, 4:21 a.m. ET ...
SLOUGH, England (Reuters) - Reckitt Benckiser is betting on connected consumer products as part of a push to show investors its innovative approach can still drive growth. In an interview at ...
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