Household and institutional product maker The Clorox Company, Oakland, CA, said on Monday it has terminated its agreement to form a joint venture with Bombril S.A., the leading Brazilian cleaning utensils and household cleaner business. Clorox said in late January it would buy a 50% stake in Detergentes Bombril S.A. The company told Bombril S.A. on Thursday, however, that it was canceling the agreement because some of the transaction’s conditions had not been satisfied, a release issued by...