UK's Reckitt shortlists bidders for $6 billion homecare portfolio, Bloomberg reports
ReutersFeb 25, 2025 3:20 PM
Feb 25 (Reuters) - Reckitt Benckiser RKT.L has shortlisted private equity firms Lone Star Funds, Advent and Apollo Global APO.N for a potential buyout of its homecare brands, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The British consumer giant had announced plans to divest its homecare assets, which include Air Wick air fresheners and Cillit Bang cleaner, in July last year.
The portfolio could be valued at 4 billion pounds to 5 billion pounds ($5.07-$6.33 billion), the report said.
($1 = 0.7896 pounds)
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