£1bn bid for global firm’s personal care portfolio
Consumer goods giant Reckitt Benckiser RB) is reportedly in talks to sell off its portfolio of prominent personal care brands including Clearsil, Veet and E45.
The firm which can trace its roots in Hull back to 1840 is apparently accepting offers from a small number of private equity firms, including Clayton Dublier & Ride who's £1bn bid is being overseen by the former Vindi Banga, the former president of global foods, home and personal care at Unilever.
The sale of this portfolio, which also includes Scholl footcare produc... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
