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BUSINESS
February 7, 1996 | Times Staff and Wire Reports
Sara Lee to Pay $3.1-Million Fine: The multinational consumer packaged-goods company agreed to pay the largest such civil penalty ever for failing to inform government antitrust investigators in advance of its 1991 acquisition of a line of shoe care products. The Chicago-based company's Kiwi Brands subsidiary had 90% of the U.S. market for shoe polish sold through mass marketers in 1991. In that year, Sara Lee Corp. acquired the U.S.
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BUSINESS
February 7, 1996 | Times Staff and Wire Reports
Sara Lee to Pay $3.1-Million Fine: The multinational consumer packaged-goods company agreed to pay the largest such civil penalty ever for failing to inform government antitrust investigators in advance of its 1991 acquisition of a line of shoe care products. The Chicago-based company's Kiwi Brands subsidiary had 90% of the U.S. market for shoe polish sold through mass marketers in 1991. In that year, Sara Lee Corp. acquired the U.S.
BUSINESS
September 13, 1995 | Times Staff and Wire Reports
Clorox Acquires Black Flag: Oakland-based Clorox Co. said it acquired the Black Flag insecticide line from Britain's Reckitt & Colman for undisclosed terms. The assets being acquired, including the Roach Motel bait trap and Holiday foggers, will retain their brand names and be added to Clorox's line of Combat insecticides, Clorox said. Clorox markets a broad line of household products in addition to its namesake bleach.
BUSINESS
September 13, 1995 | Times Staff and Wire Reports
Clorox Acquires Black Flag: Oakland-based Clorox Co. said it acquired the Black Flag insecticide line from Britain's Reckitt & Colman for undisclosed terms. The assets being acquired, including the Roach Motel bait trap and Holiday foggers, will retain their brand names and be added to Clorox's line of Combat insecticides, Clorox said. Clorox markets a broad line of household products in addition to its namesake bleach.
BUSINESS
August 9, 1994 | From Bloomberg Business News
Eastman Kodak Co. is close to selling its household products division to one of three leading bidders: Colgate-Palmolive Co., Unilever, and Reckitt & Colman, a person familiar with the bidding said. The division, which makes Lysol cleaners and other household products, is expected to sell for $1.7 billion to $2 billion, analysts said.
BUSINESS
September 27, 1994 | From Associated Press
Eastman Kodak Co. moved closer to selling the rest of its non-photographic businesses on Monday, agreeing to auction the company's household products unit to Britain's Reckitt & Colman for $1.55 billion in cash. The subsidiary, part of Kodak's L&F Products unit, includes such familiar brands such as Lysol cleaners, Mop & Glo floor polish, Resolve carpet cleaner and Wet Ones moist towelettes.
BUSINESS
March 9, 1990 | From Times Wire Services
Reckitt and Colman PLC, a British food and household goods group, has agreed to pay $1.25 billion for the Boyle-Midway home products unit of New York-based American Home Products Corp., the companies said today. The acquisition of Boyle-Midway, whose products include Woolite laundry soap and Easy-Off oven cleaner, would make Reckitt and Colman a major international household products manufacturer.
BUSINESS
July 3, 1990 | From Associated Press
They say the takeover boom is over, but if that's so, how do you explain Philip Morris Cos.' decision to buy Swiss candy maker Jacobs Suchard for $3.8 billion or ConAgra Inc.'s $1.34-billion purchase of Beatrice Co. Easy: The mergers and acquisitions business hasn't died, it has evolved into another stage. Deal makers are doing a new kind of buyout, one that harks back to the days before the junk bond binge but has a few novel twists.
BUSINESS
September 27, 1994 | From Associated Press
Eastman Kodak Co. moved closer to selling the rest of its non-photographic businesses on Monday, agreeing to auction the company's household products unit to Britain's Reckitt & Colman for $1.55 billion in cash. The subsidiary, part of Kodak's L&F Products unit, includes such familiar brands such as Lysol cleaners, Mop & Glo floor polish, Resolve carpet cleaner and Wet Ones moist towelettes.
BUSINESS
August 9, 1994 | From Bloomberg Business News
Eastman Kodak Co. is close to selling its household products division to one of three leading bidders: Colgate-Palmolive Co., Unilever, and Reckitt & Colman, a person familiar with the bidding said. The division, which makes Lysol cleaners and other household products, is expected to sell for $1.7 billion to $2 billion, analysts said.
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