Colgate-Palmolive Gets Soapy as It Weighs over $1 Billion Personal Care Brands Divestment
The brands under review could fetch more than $1 billion as Colgate works with Goldman Sachs and narrows its focus to core businesses.
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Colgate-Palmolive explores sale of three personal care brands in $1 bn plus deal: Report
Colgate-Palmolive is exploring the sale of mass-market personal care brands like Softsoap and Irish Spring to focus on its core portfolio. The potential sales could exceed $1 billion, with Goldman Sachs assisting in the process, as companies adapt to economic pressures.
Colgate-Palmolive gets soapy as it weighs over $1 billion personal care brands divestment
Colgate-Palmolive is exploring the sale of several mass-market personal care brands. These brands, including Softsoap and Irish Spring, could fetch over one billion dollars. The consumer goods giant is working with investment bank Goldman Sachs on this divestiture process. This move aligns with a broader trend of companies reshaping portfolios amid economic pressures. Colgate aims to concentrate resources on its core and more profitable brand se…
EXCLUSIVE: Colgate-Palmolive seeks to divest some personal care brands, sources say
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