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Reckitt to announce Chinese medicine acquisition
February 13, 2013 / 7:56 AM / 5 years ago

Reckitt to announce Chinese medicine acquisition

LONDON, Feb 13 (Reuters) - British consumer goods company Reckitt Benckiser said it would shortly announce a “modest-sized” acquisition in China.

The buy would be in the area of traditional Chinese medicine, said Reckitt chief executive Rakesh Kapoor on a call with journalists following the company’s full-year results on Wednesday.

The company said the acquisition was of a well-recognised brand for the treatment of sore throats, but did not give financial details.

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