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0 0 0.000334851326011327 -0.002444414679882 0.00311411733190466 -0.00699839271363506 -0.00991159924993296 -0.00997856951513515
Stock impact report

Clorox Divests its Operations in Argentina, Uruguay and Paraguay [Yahoo! Finance]

Clorox Company (The) (CLX) 
Last clorox company (the) earnings: 5/1 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
March 21, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) (the "company" or "Clorox") today announced the sale of certain wholly owned subsidiaries (collectively, "Clorox Argentina"), with operations in Argentina Uruguay and Paraguay , to Apex Capital, a private equity fund associated with Grupo Mariposa, a 139-year old food and beverage company with operations in 16 countries, and an investment group led by Diego Barral , former senior vice president and general manager of International at Clorox. Financial terms were not disclosed. The transaction included Clorox Argentina's two production plants, as well as rights to certain Clorox brands in Argentina Uruguay and Paraguay and shared intellectual property across those brands. The transaction does not include Clorox's Latin America research and development and corporate hubs, which will remain in Argentina to support Clorox's ongoing operations in other Latin American markets and provide transitional services to Clorox Argentin Show less Read more
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