Big Law

Church & Dwight to acquire Flawless and Finishing Touch for $900M

Church & Dwight Co. announced a deal to buy the Flawless and Finishing Touch hair removal products brands from Ideavillage Products Corp. in a deal valued at up to $900 million. Under terms of the deal, Church & Dwight will pay $475 million in cash, and an additional “earn-out” payment of up to $425 million based on 12-month net sales targets. The deal is expected to close in the second quarter of 2019. Flawless had sales of $180 million in the 12 months ended Dec. 31, 2018

Read the source article at Legal News & Business Law News

    Leave a Review or Comment

    Your email address will not be published. Required fields are marked *

    Back to top button