Church & Dwight Co Inc
CHD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^D | LOCK|@? | LOCK|bxB#Gp |
Church & Dwight: Acquisition Dry Spell Ends With Pricey Touchland Deal; Shares Expensive
On May 12, Church & Dwight announced the addition of Touchland, a business primarily known for hand sanitizers, to its fold, with the transaction set to close in the second quarter. The $700 million deal price equates to more than 5 times and 12 times sales and adjusted EBITDA, respectively.
