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Reckitt Benckiser Plans To Break Up Business Into Two Divisions

October 18, 2017: 12:00 AM EST
Reckitt Benckiser announced plans to restructure its business into two distinct operations, a health division and another covering hygiene and home products. RB's decision to reorganize came following its acquisition of US-based baby formula manufacturer Mead Johnson in June 2017. Also, the company, which has been seeing a tough year, reported its worst quarter ever in July 2017.
Martinne Geller, "Reckitt Benckiser to Form Two Business Units for Better Focus", Reuters, October 18, 2017, © Thomson Reuters
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