Archive of all Reckitt Benckiser articles – Page 4
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NewsReckitt Benckiser restructures as sales decline again
Reckitt Benckiser revealed today it was restructuring the group into two distinct divisions as consumer healthcare and hygiene giant trimmed its full-year forecasts again as trading continued to be challenging.
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NewsCity snapshot: Reckitt’s first half sales slip amid portfolio transformation
First half like for like sales fell 1% at FTSE 100 consumer goods firm Reckitt Benckiser despite its “significant progress on portfolio transformation”. Plus, Co-op stores deal boosts sales at McColls, Quorn sales rise amid investment, Cranswick like-for-like sales jump and all the rest of the latest news from the City.
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NewsHefty McCormick deal for Schwartz stuns analysts
Schwartz herbs and spices manufacturer McCormick swooped to buy the Reckitt Benckiser food division for a “staggering” $4….
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NewsUnilever acquisition of Reckitt Benckiser food brands would be a strategic misstep - analysts
A £2bn-plus Unilever approach for the food business of Reckitt Benckiser, made up of French’s Mustard and Frank’s Red Hot Sauce, would be ‘surprising’, ‘disappointing’ and strategically inconsistent, according to City analysts.
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Comment & OpinionWho’s to say what a fair share of tax is for multinationals like RB?
It’s easy to be righteous
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NewsOxfam report slams Reckitt Benckiser over tax: at a glance
A new report by the charity is critical of multinationals it claims do not pay their ‘fair share’ of tax globally
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NewsSainsbury's exceeds expectations but shares fail to respond
The market’s negative stance on the grocers is increasingly at odds with the solid growth figures
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NewsMoody’s downgrades Reckitt Benckiser after Mead Johnson deal approval
Rating agency Moody’s has cut the long-term credit rating of Reckitt Benckiser (RB) by two notches following the approval of its US$17.9bn acquisition of US baby milk group Mead Johnson.
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NewsReckitt Benckiser secures regulatory clearance for $17.9bn Mead Johnson takeover
Reckitt said the acquisition would considerably strengthen its presence in developing markets, particularly China where Mead Johnson has sales of more than $1bn.
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NewsCity snapshot: Reckitt on track to hit growth target despite flat first quarter
Reckitt Benckiser has reported flat like-for-like revenues in the first quarter but favourable currency rates boosted reported sales by 15%. Plus, Danone upgrades its 2017 earnings guidance and all the rest of this morning’s news from the City.
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NewsAs Reckitt sells off food, KPMG predicts fresh wave of M&A activity
Reckitt Benckiser’s sell-off of its food division is “just the start of a wave of M&A activity for fmcg companies”.
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Analysis & FeaturesWhy Reckitt Benckiser's food sell-off is part of a longer strategic game
Fresh on the heels of Unilever’s reported plan to sell its problematic spreads division, Reckitt Benckiser has confirmed it is exploring the sale of its own food division
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NewsReckitt Benckiser to sell French's and Frank's Red Hot brands
Sale would be used to reduce Reckitt’s debt created by the Mead Johnson Nutrition Co announced in February.
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NewsReckitt cuts CEO Rakesh Kapoor’s pay by £14m after South Korea scandal
Reckitt Benckiser has cut CEO Rakesh Kapoor’s annual pay by £14m and paid him no annual bonus due to the fallout from its consumer safety scandal in South Korea.
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NewsReckitt Benckiser to launch Dettol cleaning products collection
The 3X Power range comprises anti-drip gel sprays for difficult-to-clean vertical surfaces, and cleaning wipes
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NewsAir Wick kicks off £2m push for V.I.Poo loo spray
Available in Fruity Pin-Up, Lemon Idol and Rosy Starlet variants, the 55ml spray can be used up to 100 times
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NewsReckitt Benckiser in £13.2bn takeover talks with Mead Johnson
Reckitt Benckiser is locked in talks over a multi-billion dollar deal to buy US child nutrition firm Mead Johnson
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NewsCity snapshot: Reckitt Benckiser in £13.2bn takeover talks with Mead Johnson
Reckitt Benckiser has this morning confirmed media reports it is in talks to buy US child nutrition firm Mead Johnson
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NewsReckitt Benckiser launches £2.2m push for Cillit Bang
The ad shows dancer Daniel ‘Cloud’ Campos ‘discovering the power’ of Cillit Bang
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NewsASA raps Nurofen over misleading TV advert
The ad wrongly suggested the product targeted pain in specific areas of the body