The news: Reckitt Benckiser—maker of Lysol, Woolite, and Mucinex—is in talks to offload its homecare assets, which could fetch more than £6 billion ($7.46 billion), per Bloomberg.
- The formal sale process is expected to begin within months, and be completed in 2025.
- The consumer packaged goods (CPG) company is also assessing options for its infant formula subsidiary Mead Johnson, including a possible sale.