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RECKITT TO SELL ITS INFANT FORMULA BUSINESS IN CHINA FOR US$2.2 BILLION TO PRIMAVERA CAPITAL

We have entered into a definitive agreement to sell our Infant Formula and Child Nutrition (IFCN) business in China1 to Primavera Capital Group (“Primavera”).

The outcome is the result of a comprehensive strategic review and is in line with our strategy to actively manage our portfolio as part of our plan to rejuvenate sustainable growth.

1 China, Hong Kong and Taiwan

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