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Reckitt Benckiser Group PLC (RB.L)

RB.L on London Stock Exchange

6,845.00GBp
5:06pm BST
Change (% chg)

103.00 (+1.53%)
Prev Close
6,742.00
Open
6,718.00
Day's High
6,860.00
Day's Low
6,718.00
Volume
1,245,639
Avg. Vol
1,286,507
52-wk High
7,207.00
52-wk Low
5,255.00

Latest Key Developments (Source: Significant Developments)

Glaxo Seeks Bids Mid-September For $4 Bln India Sale- Bloomberg
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - :GLAXO SEEKS BIDS MID-SEPTEMBER FOR $4 BILLION INDIA SALE- BLOOMBERG,CITING SOURCES.GLAXO'S INDIA SALE HAS ATTRACTED INTEREST FROM POTENTIAL BIDDERS INCLUDING NESTLE, PEPSICO AND RECKITT BENCKISER - BLOOMBERG,CITING SOURCES.  Full Article

Reckitt Benckiser Says Have Decided To Recall An Affected Batch Of Durex Extra Lubricated 10Ct Condoms
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Reckitt Benckiser Group PLC ::RECKITT BENCKISER (CANADA) INC SAYS HAVE DECIDED TO RECALL AN AFFECTED BATCH OF DUREX REAL FEEL EXTRA LUBRICATED 10CT CONDOMS.  Full Article

Reckitt Benckiser Appoints Mehmood Khan To Board
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Reckitt Benckiser Group Plc ::APPOINTMENT OF MEHMOOD KHAN TO BOARD, WITH EFFECT FROM JULY 1 ST 2018 .KHAN WILL ALSO JOIN RB'S CORPORATE RESPONSIBILITY, SUSTAINABILITY, ETHICS AND COMPLIANCE COMMITTEE.  Full Article

Aspen's Infant Formula Unit Is Said To Draw Reckitt, Perrigo - Bloomberg
Wednesday, 16 May 2018 

May 16 (Reuters) - :ASPEN'S INFANT FORMULA UNIT IS SAID TO DRAW RECKITT, PERRIGO - BLOOMBERG, CITING SOURCES.FRENCH DAIRY GROUP LACTALIS AND AUSTRALIA'S INOVA PHARMACEUTICALS ARE ALSO WEIGHING OFFERS FOR A STAKE IN ASPEN'S INFANT FORMULA UNIT - BLOOMBERG.  Full Article

JAB Holdings BV Cuts Stake In Reckitt Benckiser To 3.68 Pct - Filing
Wednesday, 9 May 2018 

May 9 (Reuters) - Filing::JAB HOLDINGS BV CUTS STAKE IN RECKITT BENCKISER TO 3.68 PERCENT FROM 4.87 PERCENT EARLIER - FILING.  Full Article

Reckitt Benckiser Q1 Revenue Up 23 Pct at 3.11 Bln Stg
Friday, 20 Apr 2018 

April 20 (Reuters) - Reckitt Benckiser Group PLC ::Q1 REVENUE OF 3,111 MILLION STG.Q1 REVENUE GROWTH OF +23% ON A REPORTED BASIS.Q1 TOTAL LIKE-FOR-LIKE SALES +2 PERCENT.ON TRACK FOR FULL YEAR NET REVENUE TARGET OF +13-14% (TOTAL CONSTANT), IMPLYING +2%-3% LFL.Q1 HEALTH LIKE-FOR-LIKE SALES +1% PERCENT.Q1 DVM LIKE-FOR-LIKE SALES OF +4% PERCENT.MEAD JOHNSON NUTRITION PERFORMANCE CONTINUES TO PROGRESS WELL WITH PROFORMA GROWTH +6% FOR Q1.Q1 TOTAL NORTH AMERICA LIKE-FOR-LIKE SALES OF +6%."SOLID START OVERALL IN Q1, OPERATING UNDER OUR NEW ORGANISATIONAL STRUCTURE".Q1 EUROPE/ ANZ LIKE-FOR-LIKE SALES OF -1% .RECKITT BENCKISER GROUP PLC - "RB 2.0 IS EMBEDDING WELL" AND EXPECT TO SEE BENEFITS CONTINUE TO MATERIALISE".SAW CONTINUED CHALLENGING CONDITIONS IN BOTH MIDDLE EAST AND ASEAN MARKETS IN Q1.  Full Article

Reckitt Benckiser Ends Discussions For Parts Of Pfizer's Consumer Health business
Wednesday, 21 Mar 2018 

March 21 (Reuters) - Reckitt Benckiser Group Plc ::RECKITT BENCKISER SAYS PULLS OUT OF PFIZER CONSUMER HEALTH AUCTION.CO'S PROPOSAL WAS FOR PART OF THE BUSINESS ONLY.RECKITT BENCKISER - ACQUISITION FOR WHOLE PFIZER CONSUMER HEALTH BUSINESS DID NOT FIT ACQUISITION CRITERIA, ACQUISITION OF PART OF BUSINESS WAS NOT POSSIBLE.  Full Article

Reckitt Benckiser CEO comments
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Reckitt Benckiser Group Plc :Reckitt benckiser ceo says seeing subdued growth in developed and developing markets.Reckitt benckiser ceo says health unit to have sales of around 7.5 billion pounds, with hygiene/home sales around 5 billion.Reckitt benckiser ceo says too early to discuss 2018 forecast.Reckitt benckiser ceo says both business units to have marketing directors and has announced executive line-up.  Full Article

Reckitt Benckiser sell its food business to McCormick for $4.2 bln
Wednesday, 19 Jul 2017 

July 18 (Reuters) - Reckitt Benckiser Group Plc ::entered into an agreement to sell its food business to McCormick & Company for $4.2 billion on cash-free, debt-free basis.Intends to use the net proceeds form deal to reduce debt.  Full Article

McCormick to acquire Reckitt Benckiser's food division for $4.2 bln
Wednesday, 19 Jul 2017 

July 18 (Reuters) - Mccormick & Company Inc :McCormick to acquire Reckitt Benckiser's food division.Agreed to acquire Reckitt Benckiser's food division from Reckitt Benckiser Group Plc for $4.2 billion.McCormick & Company Inc - combined pro forma 2017 annual net sales are expected to be approximately $5 billion with significant margin accretion.McCormick & Company Inc - will integrate RB Foods into its consumer and industrial segments and will retain brand names of French's, Frank's Redhot and Cattlemen's(®).McCormick expects to achieve cost synergies of approximately $50 million.McCormick - McCormick has obtained committed bridge financing; expects to permanently finance transaction through combination of debt and equity.  Full Article

JAB sees acquisition opportunities in non-alcoholic beverages - Manager Magazin

BERLIN/ZURICH Privately owned investment firm JAB Holding Co, best known for stirring up the coffee industry with a string of deals, sees huge opportunities for acquisitions in the market for non-alcoholic beverages, one of its senior partners said in an interview with Germany's Manager Magazin published on Thursday.