Exclusive: Reckitt Kicks off Sale of Some Personal Care Brands – Sources | Investing News

By Martinne Geller and Arno Schuetze

LONDON/FRANKFURT (Reuters) – Consumer goods group Reckitt Benckiser Group

is preparing to sell some of its non-core personal care brands, including Veet hair removal cream and Clearasil acne cream, four sources familiar with the matter said on Monday.

The package of brands up for sale – which also includes E45 skin cream and Scholl foot products – could be worth as much as 1 billion pounds ($1.3 billion) in a sale, two of the sources said, based on estimates of annual earnings before interest, tax, depreciation and amortisation north of 120 million pounds.

The process comes as Reckitt is generating unusually strong sales in its hygiene business due to the COVID-19 pandemic, as people snap up its Lysol and Dettol disinfectants. It is also a strategic step for its new chief executive, Laxman Narasimhan, who has been in the top job for one year.

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Life inside senior care homes, after the coronavirus crucible

In the rooms, halls, and gathering spots of the Commonwealth’s senior care sites, the coronavirus took a particularly insidious hold in the spring and early summer. Rogerson House in Jamaica Plain had the state’s first known senior care fatality. At St. Chretienne Retirement Residence in Marlborough, 22 of 31 nuns contracted the coronavirus. Sickness spread and the residents were isolated from friends and family. Since those dark days, staff members have adjusted even the most basic of routines. Today, the way of life for residents has been transformed.

 Sisters Gloria Cote, 92, (left) and Jeanne Fregeau, 93, shared a laugh on the porch at St. Chretienne Retirement Residence. Both fell ill to COVID-19 during the April outbreak. Cote said, "I wasn't as sick as she was."  Fregeau said, " When I realized what it was I was afraid to die. Then I thought, 'the Lord will come and get me.' I worried about what would happen to Gloria. But I guess it wasn't time because he didn't come get me.''
Sisters Gloria Cote, 92, (left) and Jeanne Fregeau, 93, shared a laugh on the porch at St. Chretienne Retirement Residence. Both fell ill to COVID-19 during the April outbreak. Cote said, “I wasn’t as sick as she was.” Fregeau said, ” When I realized what it was I was afraid to die. Then I thought, ‘the Lord will come and get
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Councils pay care homes DOUBLE to take Covid patients



a group of people sitting in a chair talking on the phone: MailOnline logo


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Care home chiefs fear deadly mistakes made at the peak of the coronavirus pandemic risk being repeated as councils offer them extra cash to take Covid-positive hospital patients.

More than 15,000 people died of the virus in care homes earlier this year, according to official figures, after it was reported that many elderly residential facilities were flooded with Covid-19 patients returning from hospital.

Now, despite a Government pledge to place a ‘protective ring’ around vulnerable residents, care homes in Cumbria are being offered £1,500 – double the local weekly fee – to take Covid-positive patients from hospital.

Birmingham city council has been offering £1,000 incentives for months while Morecambe Bay clinical commissioning group wrote to care homes offering them extra cash only last month.

Trafford council in Greater Manchester has also warned care homes to ready themselves for a fresh wave of hospital

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