Colgate-Palmolive Co agreed to buy Unilever’s Sanex personal-care unit for about $940 million, pursuing its biggest purchase in more than a decade to expand in deodorant and body wash overseas. Colgate also will sell its Colombian laundry detergent business to Unilever for $215 million. Sanex, which Unilever had to sell to allay European Union competition concerns, generated sales of about $260 million last year. Colgate, which generates more than 80 per cent of sales outside North America, will gain a foothold in key parts of the personal-care market in Western Europe as a result of the transaction.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2241.10 |
| Godrej Consumer Prod | 1108.20 |
| Dabur India | 442.10 |
| Colgate Palmol. (I) | 2106.20 |
| P&G Hygiene | 10006.55 |
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