IN BRIEF: Reckitt Benckiser completes sale of Russia Hygiene business
Reckitt Benckiser Group PLC - Slough, Berkshire-based health and hygiene consumer products maker - Completes the sale of its Russia Hygiene business to Arnest Management LLC after receiving all required approvals. Reckitt had announced the disposal back in July, just over four years after Russia's invasion of Ukraine forced western companies to exit the sanctioned country. Unilever PLC and Heineken NV similarly sold their Russia operations to Arnest in 2024 and 2023, respectively. Reckitt provided no financial details for the sale of Russia Hygiene and continues to own its Russia Health business. In July, Reckitt said Russia Hygiene represented roughly 1% of net revenue from Reckitt's 'core' offering last year. On Thursday, it says the sale won't have any material impact on adjusted operating profit or adjusted earnings per share in 2026.
Current stock price: 5,676.00 pence, up 0.4% on Thursday morning in London
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