Directors Deals 

Reckitt Benckiser director buys on the dip

Reckitt Benckiser director buys on the dip

Reckitt Benckiser (RB.) is in the process of repositioning itself as a consumer health and hygiene group after selling its food business to US company McCormick for $4.2bn (£3.2bn). But it hasn’t been an entirely smooth transition. A cyber attack hit the company earlier this year, and recent weak trading patterns mean full-year sales are expected to fall flat on last year. It hasn't helped that sales from the recently acquired Mead Johnson nutrition business could decline by as much as 2 per cent year on year.

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