Colgate-Palmolive Co. (CL) - NYSE
  • Wed, Jul. 20, 8:48 AM
    • Unilever (UL, UN) confirms it acquired Dollar Shave Club. The company didn't disclose the transaction price, but earlier reports pegged it at $1B which would make the deal the third largest buyout in the e-commerce space ever after Zulilly and Wayfair. The transaction is also an exclamation point on the disruption that Dollar Shave Club achieved in a consumer products category once considered nearly impenetrable.
    • The innovative shaving club sends razors directly to members for as little as $1 per month. Dollar Shave Club is on track to top $200M in turnover this year and has 3.2M members.
    • Earlier this week, news broke that Procter & Gamble (NYSE:PG) is increasing its testing of online subscriptions. It's a trend to watch for Colgate-Palmolive (NYSE:CL), Kimberly-Clark (NYSE:KMB), and Edgewell Personal Care (NYSE:EPC).
    • Previously: Fortune: Unilever buys Dollar Shave Club for $1B (July 20)
    | Wed, Jul. 20, 8:48 AM | 10 Comments
  • Jan. 7, 2015, 10:59 AM
    • Most investment firms weighing in think PepsiCo (PEP +2.3%) is too big of a target for 3G to land as they dissect the WSJ report on interest in the multinational.
    • Campbell Soup (CPB +4.3%) is trading like it's viable 3G target, while Kellogg K, and Kraft Food Group (KRFT +2.1%) have also been bandied around by retail analysts as possibilities.
    • Outside of the food sector, Bloomberg's Tara Lachappelle notes Colgate-Palmolive (CL +0.2%makes sense for 3G.
    | Jan. 7, 2015, 10:59 AM | 15 Comments
  • Oct. 28, 2014, 1:36 PM
    • Colgate-Palmolive (CL -0.5%) has bought Laser Brands Toothpaste for close to $100M, sources tell the WSJ.
    • The toothpaste maker is located in Myanmar.
    • Terms of the deal haven't been disclosed by the company.
    | Oct. 28, 2014, 1:36 PM | 1 Comment
  • Sep. 24, 2014, 9:38 AM
    • Colgate-Palmolive (NYSE:CL) is an attractive acquisition target with its core products seeing increasing demand in developing nations, reasons Bloomberg.
    • Despite the company's large size, its broad distribution network could push a buyer to stretch the wallet a bit.
    • A large balance sheet and a global reach would be needed to contemplate a Colgate-Palmolive takeover. Unilever (NYSE:UL) and Johnson & Johnson (NYSE:JNJ) might fit the bill, note analysts.
    | Sep. 24, 2014, 9:38 AM | 6 Comments
  • Jul. 15, 2011, 4:50 PM
    Chris Stuart questions whether Clorox (CLX +8.9%) is really worth $100/share, as Carl Icahn claims it would be to a potential acquirer such PGUL, CL, or KMB. At $100, Clorox, which recently forecast FY2012 growth of just 1-3%, would trade at nearly 25x its estimated FY2012 EPS.
    | Jul. 15, 2011, 4:50 PM | 1 Comment
  • Jul. 15, 2011, 6:25 AM

    Icahn notes Clorox (CLX) "will not come close" to meeting sales growth forecasts of 3-5%/year. His offer is an attempt to prod CLX to pursue a deal with a "strategic buyer" (PG, UN, CL, KMB, Reckitt Benckiser, Henkel) - who Icahn believes will pay a higher price. "Quite simply, there are few strategic opportunities like Clorox."

    | Jul. 15, 2011, 6:25 AM | 1 Comment
Company Description
Colgate-Palmolive Co. is a global consumer products company that is focused on Oral Care, Personal Care, Home Care and Pet Nutrition. The company sells its products around the world under brand names such as Colgate, Palmolive, Mennen, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring,... More
Industry: Personal Products
Country: United States