5:09:18 AM PDT - Sunday, July 21st, 2019

Reckitt to pay $1.4 billion to end Indivior probe  

By Editor - Thu Jul 11, 12:48 am

The settlement means the British consumer goods giant will have to raise the amount of money it has set aside to cover the cost of the investigations to $1.5 billion, from an earlier provision of $400 million, the company said on Thursday. Reckitt Benckiser (RB) said it had reached agreements with the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) to resolve the investigation into a business that was wholly demerged from the company in 2014.

Original post:

Reckitt to pay $1.4 billion to end Indivior probe

Leave a Reply

You must sign in to post a comment.