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Posted by
Two Blokes Jul 18 -
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Stock
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Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) has signed an agreement to divest its Essential Home business to Advent International for an enterprise value of up to US$4.8 billion. The deal also includes Reckitt retaining a 30% equity stake in the new entity, aligning with its strategy to become a more focused consumer health and hygiene company.
