Reckitt Benckiser shares rise on takeover approval - Business - Evening Standard
       

Reckitt Benckiser shares rise on takeover approval

Shares in Reckitt Benckiser shot up 31p to 3449p today after EU competition watchdogs gave the green light to its takeover of Durex condoms maker SSL.

The Cillit Bang to Nurofen painkiller group is disposing of SSL's brands for mouth pain relief products in the UK and Ireland to ease regulator concerns.

Reckitt announced the £2.54 billion takeover in July.

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