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Report: Reckitt Benckiser Selling Personal Care Brands

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Veet is one of the brands Reckitt Benckiser Group is reportedly selling

Veet is one of the brands Reckitt Benckiser Group is reportedly selling

Reckitt Benckiser Group is reportedly preparing to sell some of its "non-core" personal care brands including Veet, Clearasil, E45 and Scholl for as much as $1.3 billion, according to Channel News Asia.

Previously: La Bouche Rouge Secures €2.5 million From Investors

Reckitt is reportedly generating strong sales in its hygiene and health businesses, and as a result is choosing to sell its personal care brands. 

Beiersdorf and Henkel are reportedly interested in parts of the purchase.