Clorox to Divest Operations in Argentina, Uruguay, Paraguay

Thursday, 21 March 2024, 13:51

Clorox has revealed its decision to divest operations in Argentina, Uruguay, and Paraguay by selling subsidiaries to Apex Capital. The financial details of the deal have not been made public, indicating a strategic shift in the company's regional presence.
https://store.livarava.com/9b3f2032-e958-11ee-969d-5254a2021b2b.jpe
Clorox to Divest Operations in Argentina, Uruguay, Paraguay

Clorox Announces Divestment Plan

The multinational company Clorox has decided to divest its operations in Argentina, Uruguay, and Paraguay by offloading certain wholly owned subsidiaries.

Strategic Sale to Apex Capital

Apex Capital, a private equity fund, is set to acquire these businesses, marking a significant transition for Clorox in the South American market.

This move is aimed at optimizing Clorox's operations and focusing on core markets and products.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe