Clorox Co

CLX: XNYS (USA)
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Clorox: Business Poised for Gains With Acquisition of Purell; Shares a Bargain

On Jan. 22, Clorox announced a tie-up with Gojo Industries, owner of the Purell brand. The $2.25 billion deal equates to less than 3 times sales and 12 times adjusted EBITDA, when including $330 million in anticipated tax benefits. The debt-financed transaction is to close by the end of June 2026.

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