Disposal of BHI

  • Sale to Reckitt Benckiser plc for £1.926bn, completed January 2006
  • £1.43bn (200p per share) returned to shareholders by special dividend in February 2006
  • £400m retained for investment and to strengthen the balance sheet
    • £250m investment programme in the supply chain, community pharmacies and IT arrangements
    • £85m to eliminate the actuarial deficit pension fund at March 2004
    • £65m to reduce net debt
Provided by Investis