Published by Global Banking & Finance Review®
Posted on February 25, 2025
1 min readLast updated: January 25, 2026
Reckitt Benckiser has shortlisted bidders for its $6 billion homecare portfolio, including brands like Air Wick and Cillit Bang.
(Reuters) - Reckitt Benckiser has shortlisted private equity firms Lone Star Funds, Advent and Apollo Global for a potential buyout of its homecare brands, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The British consumer giant had announced plans to divest its homecare assets, which include Air Wick air fresheners and Cillit Bang cleaner, in July last year.
The portfolio could be valued at 4 billion pounds to 5 billion pounds ($5.07-$6.33 billion), the report said.
($1 = 0.7896 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Vijay Kishore)
The main topic is Reckitt Benckiser's sale of its homecare portfolio, valued at $6 billion, with shortlisted bidders.
The shortlisted bidders are private equity firms Lone Star Funds, Advent, and Apollo Global.
The sale includes homecare brands such as Air Wick air fresheners and Cillit Bang cleaner.
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