Clorox's (CLX) IGNITE Strategy to Evolve Portfolio Bodes Well [Yahoo! Finance]
Clorox Company (The) (CLX)
Last clorox company (the) earnings: 5/1 06:30 am
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US:NYSE Investor Relations:
investors.thecloroxcompany.com/investors/default.aspx
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Source: Yahoo! Finance
In the latest developments, the company has announced the sale of its certain wholly-owned subsidiaries (collectively called "Clorox Argentina") to Apex Capital, which is a private equity fund in connection with Grupo Mariposa. This includes the company's operations in Argentina, Uruguay and Paraguay. This sale is in sync with CLX's IGNITE strategy to evolve its portfolio so that it can mainly focus on its core business and deliver sustainable growth. However, the financial terms of the deal remained under cover. The aforesaid transaction comprises the company's two production plants in Argentina, along with rights to certain brands in Argentina, Uruguay and Paraguay and shared intellectual property within such brands. However, the deal excludes the company's Latin America research and development, and corporate hubs. These hubs will remain in Argentina to aid CLX's ongoing operations in other Latin American markets and offer transitional services to Clorox Argentina under the new
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CLX
News
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- Clorox to Present at Goldman Sachs Global Staples Forum [Yahoo! Finance]Yahoo! Finance
- Clorox to Present at Goldman Sachs Global Staples ForumPR Newswire
- Shop this Burt's Bees Earth Week sale for 15% off sitewide [USA TODAY]USA TODAY
CLX
Earnings
- 2/1/24 - Beat
CLX
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- CLX's page on the SEC website