Reckitt Benckiser Gives Consumer Health Portfolio Its Own Home – What's Next?
UK manufacturer in January begins operating with a separate health care division, representing 60% of sales with products including Mucinex and Mead Johnson infant and adult formulas, and a home care/hygiene division led by Lysol disinfectants. The plan piques analysts' expectations that operating the divisions separately will lead to divesting one.
Reckitt Benckiser Group PLC has added enough products to its consumer health portfolio to form a separate operating division, a move that also potentially positions the unit to be sold or become the firm's only business.
The UK manufacturer and marketer will begin operating in January with a separate health care division, representing 60% of company...