Reckitt Benckiser's Sale of Cleaning Products Portfolio at Risk of Failing, Financial Times Says, Citing Sources

Dow Jones
09 May
 

--Reckitt Benckiser's talks with private equity groups to sell its portfolio of household cleaning products have slowed and it is unclear if any deal will be achieved due to the recent market volatility, the Financial Times reports, citing unnamed sources.

--Apollo Global, one of the potential suitors, didn't submit an offer in the final stages of negotiation, FT says.

--The sale of the business, which houses brands such as Air Wick Cillit Bang and Dettol, is still planned to be done by the end of the year, FT says.

 

Full story: https://tinyurl.com/3vhcuxxm

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

May 09, 2025 10:00 ET (14:00 GMT)

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