Reckitt Benckiser set to offload £6bn homecare business in sweeping overhaul

Reckitt Benckiser set to offload £6bn homecare business in sweeping overhaul

Reckitt Benckiser Group plc, the global consumer goods company, is making waves in the market with its plans to sell its £6 billion homecare assets, a bold step to streamline its business and focus on high-growth areas. The company has entered into early discussions with potential buyers, including both financial investors and consumer companies, to […]

Reckitt Benckiser to acquire Biofreeze pain relief brand from Performance Health

Reckitt Benckiser to acquire Biofreeze pain relief brand from Performance Health

Reckitt Benckiser Group (RB) has agreed to acquire the Biofreeze topical pain relief brand from Madison Dearborn Partners subsidiary Performance Health for an undisclosed price. Biofreeze is said to be among the popular brands for topical pain relief brand and had generated double-digit sales growth. Francis X. Dirksmeier – CEO of Performance Health said: “The […]

Pfizer faces setback as Reckitt Benckiser and GSK withdraw from $20bn consumer health deal

Pfizer faces setback as Reckitt Benckiser and GSK withdraw from $20bn consumer health deal

Pfizer’s $20 Billion Sale Stalls: In a significant turn of events in the pharmaceutical industry, both Reckitt Benckiser and GlaxoSmithKline (GSK) have decided to withdraw from acquisition talks with Pfizer regarding its consumer healthcare business. This decision marks a setback for Pfizer’s plans to offload this segment, valued at approximately $20 billion. Overview of Pfizer’s […]