Over the past eight years under deal-making CEO Rakesh Kapoor, Reckitt Benckiser shares have double, but the past couple years have not gone so smoothly, with the company being hit by a damaging cyberattack in 2017, Rupert Steiner writes in this week’s edition of Barron’s. There is an opportunity to turn investor sentiment around, as Kapoor plans to retire by year’s end, and a change in management could also be a trigger for unlocking more value from the franchise, possibly by spinning off part of it, he contends.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.