(Reuters) - Reckitt Benckiser has shortlisted private equity firms Lone Star Funds, Advent and Apollo Global for a potential buyout of its homecare brands, Bloomberg News reported on Tuesday, citing
Reckitt Benckiser Shortlists Bidders for $6 Billion Sale
(Reuters) - Reckitt Benckiser has shortlisted private equity firms Lone Star Funds, Advent and Apollo Global for a potential buyout of its homecare brands, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The British consumer giant had announced plans to divest its homecare assets, which include Air Wick air fresheners and Cillit Bang cleaner, in July last year.
The portfolio could be valued at 4 billion pounds to 5 billion pounds ($5.07-$6.33 billion), the report said.
($1 = 0.7896 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Vijay Kishore)
