(Reuters) – Reckitt Benckiser is considering options for its infant nutrition business including a potential sale, Bloomberg News reported on Frid
(Reuters) – Reckitt Benckiser is considering options for its infant nutrition business including a potential sale, Bloomberg News reported on Friday, citing people familiar with the matter.
The British consumer goods giant, whose brands include Enfamil formula, is reviewing its baby-food business globally and has been informally weighing buyer interest in the operations, the report said.
The deliberations are at an early stage and the London-listed firm could decide to keep the division, according to the report.
Reckitt did not immediately respond to a Reuters request for comment.
Reuters had reported in 2020 that the company was preparing to sell some non-core brands and was seeking out private equity bidders.
Last year, Reckitt sold its baby formula business in China to investment firm Primavera Capital Group.
(Reporting by Shanima A in Bengaluru; Editing by Aditya Soni)
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