Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsReckitt Benckiser is a home, health and personal care company. Brands: Strepsils, Veet, Air Wick, Calgon, Clearasil, Durex, Lysol, Vanish.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsBegins a process aimed at transferring ownership of its Russia business. Strepsils maker Reckitt Benckiser said in April 2022 that it would transfer ownership of its Russian business to a third party or local employees, but so far has failed to do so. Trading data shows that Reckitt Benckiser Exports into Russia. Freeze capital investments, advertising, sponsorships and promotions in Russia. Began process of aimed at transferring Russian business.