Colgate-Palmolive (CL) pays $940M in cash to buy the Sanex personal care brand from Unilever...

|About: Colgate-Palmolive Co. (CL)|By:, SA News Editor

Colgate-Palmolive (CL) pays $940M in cash to buy the Sanex personal care brand from Unilever (UL), and sells its laundry detergent unit in Colombia to Unilever for $215M. The two transactions will deliver a combined 4% increase to Colgate's 2011 earnings. (PR)