{"id":271536,"date":"2025-07-18T08:14:11","date_gmt":"2025-07-18T08:14:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/271536\/"},"modified":"2025-07-18T08:14:11","modified_gmt":"2025-07-18T08:14:11","slug":"london-markets-higher-after-week-of-records-for-indices","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/271536\/","title":{"rendered":"London markets higher after week of records for indices"},"content":{"rendered":"\n<p class=\"yf-1090901\">Household goods giant Reckitt Benckiser has agreed a deal worth up to $4.8bn (\u00a33.6bn) to sell its majority stake in its Cillit Bang and Calgon arm.<\/p>\n<p class=\"yf-1090901\">Private equity firm Advent International will buy a 70% stake in Reckitt\u2019s essential home cleaning products business, which also includes brands such as Air Wick, Woolite, Resolve, Sole and Easy-Off, as well as around 75 other brands across more than 70 markets.<\/p>\n<p class=\"yf-1090901\">Reckitt will keep a 30% stake in the essential home business after the sale, with up to $1.3bn dollars (\u00a3968m) deferred under the deal.<\/p>\n<p class=\"yf-1090901\">The firm will also book around $800m (\u00a3596m) in costs for splitting out the essential home division from the rest of the business.<\/p>\n<p class=\"yf-1090901\">It expects to complete the deal by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"Household goods giant Reckitt Benckiser has agreed a deal worth up to $4.8bn (\u00a33.6bn) to sell its majority&hellip;\n","protected":false},"author":2,"featured_media":271537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7757],"tags":[748,393,1880,4884,257,3742,6202,16,15],"class_list":{"0":"post-271536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-london","8":"tag-britain","9":"tag-england","10":"tag-ftse-100","11":"tag-great-britain","12":"tag-london","13":"tag-nasdaq-composite","14":"tag-president-donald-trump","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114873241633821748","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/271536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=271536"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/271536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/271537"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=271536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=271536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=271536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}