Church & Dwight Co Inc

CHD: XNYS (USA)
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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.

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