Reckitt Benckiser to Divest £1.9 Billion in Homecare Brands

The company aims to focus on its health and hygiene products amid recent financial challenges and legal issues.

Reckitt Benckiser plans to sell brands such as Cillit Bang, Air Wick, and Calgon.
The divestment is part of a strategy to concentrate on more profitable health products like Durex and Strepsils.
The company faces significant financial pressures, including a $60 million legal payout and declining revenues.
CEO Kris Licht believes the restructuring will enhance growth and operational efficiency.
Reckitt's recent performance has been impacted by legal issues and a tornado-damaged warehouse.