Exclusive-Colgate-Palmolive seeks to divest some personal care brands, sources say

Colgate-Palmolive explores sale of Softsoap, Irish Spring, Speed Stick

The consumer goods company is working with Goldman Sachs on the potential divestiture, which could fetch more than $1 billion

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

By Abigail Summerville and Amy-Jo Crowley NEW YORK/LONDON, Sept 11 (Reuters) - Colgate-Palmolive is exploring a sale of certain mass-market personal care brands, including Softsoap, Irish Spring and Speed Stick, sources familiar with the matter told Re...