Clorox's (CLX) IGNITE Strategy to Evolve Portfolio Bodes Well
Clorox(CLX) Zacks Investment Research·2024-03-22 17:36The Clorox Company (CLX) is making strategic initiatives to streamline its operating model, which aims at improving efficiency. In the latest developments, the company has announced the sale of its certain wholly-owned subsidiaries (collectively called "Clorox Argentina") to Apex Capital, which is a private equity fund in connection with Grupo Mariposa. This includes the company’s operations in Argentina, Uruguay and Paraguay.This sale is in sync with CLX's IGNITE strategy to evolve its portfolio so that it ...