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(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Friday that it had agreed to divest its Russian Hygiene business to Arnest Management for an undisclosed sum.
Subject to the satisfaction of customary conditions, including relevant UK regulatory approvals, Reckitt expects the transaction to complete during the second half of 2026.
The FTSE 100-listed firm noted that its Russia Hygiene unit represented roughly 1% of core net revenues in the year ended 31 December 2025, and said the divestment was not expected to have any material impact on its group adjusted operating profit or adjusted earnings per share in FY26.
Reckitt will retain ownership of its Russia Health business, which continues to supply consumer health products.
As of 0810 BST, Reckitt shares were up 0.22% at 4,949p.
Reporting by Iain Gilbert at Sharecast.com
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