financetom
Business
financetom
/
Business
/
UK's Reckitt shortlists bidders for $6 billion homecare portfolio, Bloomberg reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK's Reckitt shortlists bidders for $6 billion homecare portfolio, Bloomberg reports
Feb 25, 2025 7:52 AM

Feb 25 (Reuters) - Reckitt Benckiser ( RBGPF ) has

shortlisted private equity firms Lone Star Funds, Advent and

Apollo Global for a potential buyout of its homecare

brands, Bloomberg News reported on Tuesday, citing people

familiar with the matter.

The British consumer giant had announced plans to divest its

homecare assets, which include Air Wick air fresheners and

Cillit Bang cleaner, in July last year.

The portfolio could be valued at 4 billion pounds to 5

billion pounds ($5.07-$6.33 billion), the report said.

($1 = 0.7896 pounds)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Investors eye US protests, Iran tensions as S&P 500 stalls
Investors eye US protests, Iran tensions as S&P 500 stalls
Jun 13, 2025
NEW YORK (Reuters) -Investors will keep close watch on planned protests across U.S. cities on Saturday, amid heightened concerns following immigration raids in Los Angeles and developments in the Middle East. The protests, organized by the No Kings coalition to oppose President Donald Trump's policies, are set to coincide on Saturday with a military parade in Washington marking the U.S....
Bitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback
Bitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback
Jun 13, 2025
The crypto market is slightly bouncing back from early Friday’s jitters on escalating conflict between Israel and Iran. After slumping to the $102,600 mark, bitcoin BTC rebounded to around $106,000 before fading lower in the U.S. afternoon hours with reports about a fresh wave of airstrikes targeting Iran. The top cryptocurrency was down 1.6% in the last 24 hours, changing...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Investors eye US protests, Iran tensions as S&P 500 stalls
Investors eye US protests, Iran tensions as S&P 500 stalls
Jun 13, 2025
* Recent tensions in Los Angeles over immigration raids have set the stage for further potential unrest * Protests planned in response to Trump administration policies * A military parade in Washington, coincides with Trump's 79th birthday * The S&P 500, near recent record highs; investors wary By Saqib Iqbal Ahmed NEW YORK, June 13 (Reuters) - Investors will keep...
Copyright 2023-2026 - www.financetom.com All Rights Reserved