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 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 to simplify by dropping home products and troubled infant-formula unit By Louis Goss Follow Published: July 24, 2024, 4:21 a.m. ET ...

Reckitt, known for products like Durex and Lysol, surpassed expectations with a 1.9% rise in second-quarter net sales, driven ...

Reckitt Benckiser shares surged on Thursday after the consumer-goods company reported better-than-expected performance in its ...

Reckitt* exists to protect, heal and nurture in the pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.

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 ...