Colgate Seeks Sale of Softsoap and Irish Spring

Colgate Palmolive is working with Goldman Sachs to explore the sale of mass market personal care brands including Softsoap and Irish Spring. The potential divestment of these assets could fetch over one billion dollars as the consumer goods maker reshapes its portfolio.

Xurve View
Insights:
Palmolive products are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. REUTERS/Dado Ruvic/File Photo

Colgate-Palmolive Co is exploring a sale of personal care brands including Softsoap and Irish Spring in a deal that could fetch over $1B, people familiar with the matter said on September 11.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.