Shares in Reckitt Benckiser took a heavy tumble last week after the group's largest shareholder, JAB Holdings, sold 36m shares at 3,350p each, a third of its holding. The £1.2bn proceeds are being used to help Coty, the US cosmetics group owned by JAB and headed up by former Reckitt chief Bart Becht, secure the takeover of struggling Avon.
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