Reckitt Benckiser

Reckitt Benckiser starts talks on $7.9 billion homecare assets sale

Goldman Sachs Group Inc. is helping Reckitt on evaluating options for its formula brand Mead Johnson, including a potential sale, according to the people

Reckitt beats like-for-like sales estimates, driven by Dettol, Lysol

The company said it was on track to meet full-year revenue and profit targets, led by mid single-digit growth across its health and hygiene businesses

Unclear how many baby formula maker cases related to Enfamil: Reckitt

Shares of Reckitt, which owns brands such as Lysol, Dettol and Strepsils, that day suffered their steepest one-day drop since 1999, making it the top loser on London's blue-chip FTSE 100

Reckitt's quarterly sales down after investigation into West Asia business

Some investors criticised the company's "vague" outlook for this year, as Reckitt shares slumped to their lowest point since March 2020, early in the COVID-19 pandemic

Reckitt Benckiser India, distributors at loggerheads over incentives

Distributors not happy with damage claims policy

Reckitt names Kris Licht as CEO, continues to beats sales estimates

Licht, who has served as president of Reckitt's health business and as chief customer officer since July 2020, will be appointed to the board as an executive director from June 1

As Covid-19 cases start rising, demand for masks, sanitisers grows: Report

The demand for premium masks costing more than Rs 2,000 has been rising rapidly among travellers

Unionisation, first challenge brewing for Narasimhan as Starbucks CEO

Narasimhan holds a degree in mechanical engineering from the College of Engineering, University of Pune, India

Reckitt loses a problem-solver CEO just as it was finding its footing

The departure is a blow to the consumer-goods company and its shares fell as much as 6% in early trading

Nadella, Pichai, Narasimhan: Indian-origin CEOs at the helm of American cos

With Laxman Narasimhan being appointed as the CEO of Starbucks, a new name has been added to the list of India-origin CEOs of American corporations

Reckitt CEO resign on personal grounds; Durante to hold fort in interim

"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said

Reckitt Benckiser says CEO Laxman Narasimhan to step down at end of Sept

Reckitt Benckiser said its Chief Executive Officer Laxman Narasimhan will step down at the end of September after three years in the role.

Reckitt contributes Rs 7,880 cr to India's GDP in 2021: Oxford Economics

India is among the top three markets for Reckitt, earlier known as Reckitt Benckiser, and owns popular household brands such as Dettol, Lysol, Harpic, Durex, Veet and Strepsils

Emami acquires Dermicool prickly heat talc brand from Reckitt for Rs 432 cr

Deal will be funded through internal accruals, is the biggest by Emami after 'Kesh King' hair and scalp products (2015), and Zandu Pharma (2008)

Emami acquires Dermicool brand from Reckitt for Rs 432 crore

FMCG major Emami on Friday said it has acquired the 'Dermicool' brand from Reckitt for a total consideration of Rs 432 crore. The acquisition is funded through internal accruals and is subject to the customary closing conditions, the company said in a statement. The Dermicool brand is popular for providing respite from the prickly heat caused during summers. "We are very happy to announce the acquisition of Dermicool brand, which offers great synergy with our existing businesses and is a perfect strategic fit. It will strengthen our presence to make us #1 in the prickly heat powder & cool talc category," Emami Ltd Director Harsha V Agarwal noted. Emami, as one of its core business strategies, has always been open to growth through inorganic route. The company considers acquisitions that not only add value and have synergy with the current line of businesses, but also offer opportunities for the organisation to be present in categories that have high growth potential, it ...

Reckitt quarterly sales beat estimates on boost from hygiene products

The company has benefitted during the pandemic from people buying more cleaning products, besides cold and flu remedies like Lemsip and Strepsils

Reckitt Benckiser to sell China baby-formula business in $2.2-bn deal

The sale marks the end of Reckitt's venture into the baby-formula business started just four years ago

Covid-19 second wave: Reckitt Benckiser's biz delivers robust sales growth

Sales of key health and hygiene products skyrocketed during the January-March quarter

India among largest growth contributors in 2020: Reckitt Benckiser

The British fast moving consumer goods giant today reported 11.8 percent topline growth for the year

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