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| Name | Symbol | Market | Type |
|---|---|---|---|
| Kimberly Clark De Mexico S A B de C V (PK) | USOTC:KCDMY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.63 | 7.63 | 7.63 | 0.00 | 00:00:00 |
From Feb 2020 to Feb 2025
By Josh Beckerman
Procter & Gamble Co., which has been selling brands to focus on its core products, said Monday that it would sell Escudo, an antibacterial soap brand in Latin America, to Kimberly-Clark de Mexico S.A.B. de C.V.
Financial terms weren't disclosed. The sale is expected to close during the first half of the year.
P&G, the maker of household products such as Tide detergent, Bounty paper towels and Gillette razors, has been making deep cost cuts across its operations to help boost growth and become a leaner organization. P&G is selling its beauty brands for $13 billion to Coty Inc.
P&G reported in January that sales trends turned positive in its latest quarter as improved U.S. results and higher prices offset volume declines in most of the consumer-goods company's businesses.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 22, 2016 17:59 ET (22:59 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Kimberly Clark De Mexico... (PK) Chart |
1 Month Kimberly Clark De Mexico... (PK) Chart |
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