Indivior to Pay $50 Million to Reckitt Benckiser Following Settlement
By Adriano Marchese
Indivior PLC said Monday that it has agreed to pay Reckitt
Benckiser Group PLC $50 million over the next five years after
reaching a settlement over their 2014 demerger agreement.
The U.K. pharmaceutical company said the two companies settled
the claims which Reckitt Benckiser issued in the Commercial Court
in London in mid November, seeking indemnity under the demerger
agreement between them in 2014.
Reckitt Benckiser has agreed to withdraw the $1.4 billion claim
and released Indivior from any claim for indemnity.
Write to Adriano Marchese at firstname.lastname@example.org
(END) Dow Jones Newswires
January 25, 2021 12:58 ET (17:58 GMT)
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