Reckitt Benckiser Group (RKT)

Sector:

Household Goods

Index:

FTSE 100

6,612.00p
   
  • Change Today:
      54.00p
  • 52 Week High: 6,808.00
  • 52 Week Low: 5,391.00
  • Currency: UK Pounds
  • Shares Issued: 715.59m
  • Volume: 503,253
  • Market Cap: £47,315m

Reckitt considers ditching sale of infant nutrition unit - report

By Michele Maatouk

Date: Tuesday 28 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Reckitt Benckiser is reportedly considering whether to shelve the sale of its infant nutrition unit, as the high-profile deal falls victim to chaos in the industry and worsening financing markets.
Bloomberg cited people familiar with the matter as saying that talks between the consumer goods giant and potential buyers have stalled in recent weeks.

The business, which sells brands including Enfamil, was expected to fetch around $7bn.

It was understood that disagreements over valuation, a lack of available funding and an ongoing baby formula crisis in the US - Reckitt's biggest market - had complicated efforts to sell the business.

Bloomberg reported last month that private equity firm Clayton Dubilier & Rice was one of the few that had submitted a non-binding bid for the infant nutrition unit.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Reckitt Benckiser Market Data

Currency UK Pounds
Share Price 6,612.00p
Change Today 54.00p
% Change 0.82 %
52 Week High 6,808.00
52 Week Low 5,391.00
Volume 503,253
Shares Issued 715.59m
Market Cap £47,315m

Reckitt Benckiser Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.38% below the market average73.38% below the market average73.38% below the market average73.38% below the market average73.38% below the market average
76.92% below the sector average76.92% below the sector average76.92% below the sector average76.92% below the sector average76.92% below the sector average
Price Trend
53.69% above the market average53.69% above the market average53.69% above the market average53.69% above the market average53.69% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Income
75.43% below the market average75.43% below the market average75.43% below the market average75.43% below the market average75.43% below the market average
90.48% below the sector average90.48% below the sector average90.48% below the sector average90.48% below the sector average90.48% below the sector average
Growth
25.38% below the market average25.38% below the market average25.38% below the market average25.38% below the market average25.38% below the market average
35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average

What The Brokers Say

Strong Buy 11
Buy 2
Neutral 4
Sell 0
Strong Sell 2
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Reckitt Benckiser Dividends

  Latest Previous
  Interim Final
Ex-Div 04-Aug-22 28-Apr-22
Paid 14-Sep-22 09-Jun-22
Amount 73.00p 101.60p

Trades for 17-Aug-2022

Time Volume / Share Price
17:04 321 @ 6,601.70p
17:04 135 @ 6,601.55p
17:04 135 @ 6,602.87p
17:04 321 @ 6,603.02p
16:45 220 @ 6,612.00p

Reckitt Benckiser Key Personnel

Chair Christopher Sinclair
CEO Laxman Narasimhan
CFO Jeff Carr

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