Reckitt Benckiser Appoints New Joint Corporate Broker
Why we think this is neutral
The RNS announcement regarding the appointment of a new joint corporate broker for Reckitt Benckiser does not appear to have any material impact on the company's operations or financials. It is a routine regulatory update that does not warrant a strong positive or negative sentiment.
Key Points
- Reckitt Benckiser has appointed Barclays Bank as a new joint corporate broker
- Barclays will act alongside existing brokers JP Morgan and Morgan Stanley
Summary
The consumer goods company has appointed Barclays Bank as a new joint corporate broker, joining existing brokers JP Morgan and Morgan Stanley.
Reckitt Benckiser Group plc has announced the appointment of Barclays Bank plc as its Joint Corporate Broker with immediate effect, to act alongside J.P. Morgan Securities plc and Morgan Stanley & Co. International plc. This appears to be a routine regulatory announcement regarding the company's corporate broker appointments and does not indicate any significant changes to the business.
GENERAL UPDATE