NYSE:CLXHousehold Products
Clorox Purell Deal Reshapes Growth Outlook And Valuation For Investors
Clorox (NYSE:CLX) has entered a definitive agreement to acquire GOJO Industries, the privately held maker of Purell.
The deal brings a widely recognized health and hygiene brand into Clorox's portfolio, expanding its reach in both retail and professional channels.
This transaction marks a major move for Clorox as it looks to build out its presence in cleaning, health, and hygiene products.
For investors watching Clorox at a share price of $112.2, this agreement lands after a mixed few years...