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Colgate-Palmolive explores sale of Softsoap, Irish Spring brands

Seekingalpha+1 ·
Colgate-Palmolive explores sale of Softsoap, Irish Spring brands
  • Colgate-Palmolive is considering a sale of certain mass-market personal care brands, including Softsoap, Irish Spring and Speed Stick, according to a Reuters report.
  • The consumer goods company is working with Goldman Sachs on the sales process.
  • Reuters reported the divestiture review, citing sources, with no purchase price, buyer or timeline disclosed.

Quotes

“is considering a sale of certain mass-market personal care brands, including Softsoap, Irish Spring and Speed Stick”— Reuters
“Colgate-Palmolive seeks to divest some personal care brands, sources say”— Reuters

Sources