RB plans to reshape and invest GBP2 billion

3 March 2020 - Deborah Wilkes

RB plans to reorganise around three global business units – Hygiene, Health and Nutrition – and invest GBP2 billion (USD2.5 billion) in transforming the reshaped company over the next three years. The company has also recorded a goodwill impairment charge of GBP5.04 billion relating to the Mead Johnson Nutrition business that was acquired in 2017.