1205 GMT - Reckitt Benckiser might need to consider a spinoff or a listing for its home-care unit given that an unattractive performance and wider uncertainty might deter potential buyers, RBC Capital Markets' James Edwardes Jones and Wassachon Fon Udomsilpa say. The performance of Reckitt's essential home business is the main concern in the U.K. consumer-goods group's first-quarter update, the analysts say. "We do hope that Reckitt is double running a spin off/IPO process, and not putting all its eggs in the disposal basket," the analysts say. Shares fall 7%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 23, 2025 08:05 ET (12:05 GMT)
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