Reckitt Benckiser: Bang, And The Homecare Brands…

From Morningstar: 2024-09-20 05:38:00

Dividend payer Reckitt Benckiser is in talks to sell homecare brands, potentially earning over £6 billion. Goldman Sachs is involved in the sale of infant formula brand, Mead Johnson. Investors are pleased with Reckitt’s focus on regional brands and its plan to reshape the business by 2025. Shares are trading at £46.49 with an interim dividend of 80.40p.



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