Deals
P&G Sells Soap Brands to Unilever for Undisclosed Amount
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Procter & Gamble Co., the world’s largest consumer-products maker, agreed to sell portions of two soap brands to Unilever as Chief Executive Officer A.G. Lafley works to slim down the company.
The sale, for an undisclosed amount, includes the Camay brand worldwide and the Zest brand outside of North American and the Caribbean, Cincinnati-based P&G said today in a statement. Unilever also will get a factory in Mexico that employs about 170 people.