COLGATE PALMOLIVE Co - Colgate Announces Sale of Asian Detergent Brands.

PR Newswire UK Disclose, January, 2006

 
    Colgate Announces Sale of Its Southeast Asian Laundry Detergent Brands 
 
    NEW YORK, January 4, 2006 -- Colgate-Palmolive Company (NYSE: CL) announced 
today the sale of its Southeast Asian heavy-duty laundry detergent brands, 
marketed in Thailand, Malaysia, Singapore and Hong Kong, to the Procter & Gamble 
Company effective December 31, 2005.  The transaction includes the sale of the 
detergent brands Fab, Trojan, Dynamo and Paic.  As a consequence of this sale, 
two detergent dedicated factories will be closed or modified in conjunction with 
the Company's previously announced Restructuring Program. 
    Reuben Mark, Colgate's Chairman and CEO said, "This sale is part of 
Colgate's ongoing strategy to de-emphasize and eliminate low-margin portions 
of the business...

            
        
    
    	    
                
                
	

		

					 
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