-
Posted by
Two Blokes 8 hours ago -
Filed in
Stock
-
0 views
Reckitt Benckiser Group PLC (LSE:RKT) shares jumped 2% after it promised to return $2.2 billion (£1.64 billion) to shareholders from selling off brands such as Air Wick, Calgon and Cillit Bang in a private equity deal. A deal to offload the FTSE 100 group's Essential Home was agreed with US firm Advent International at a value of $4.8 billion, though it is retaining a 30% stake.
