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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Reckitt Benckiser Group Plc | LSE:RB. | London | Ordinary Share | GB00B24CGK77 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6,498.00 | 6,502.00 | 6,506.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
By Ian Walker
LONDON--Reckitt Benckiser Group PLC (RB.LN) said Monday it is starting a review of its food business as the unit no longer core to the group, and will explore all options.
The maker of Dettol antiseptic liquid and Air Wick air fresheners didn't provide any further information, except to say it will update the market when appropriate.
The company, which also makes Durex condoms and Nurofen pain killers, was responding to recent press comments. Reports over the weekend suggested the company was planning to sell the unit, and could raise up to $3 billion. Kraft Heinz Co. (KHC) was cited as one of the potential bidders following its failed $143 billion bid for rival Unilever PLC (ULVR.LN) earlier this year.
The food unit generated 411 million pounds ($513.4 million) towards the group's overall revenue of GBP9.89 billion in 2016.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
April 03, 2017 02:50 ET (06:50 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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