Financial News

Church & Dwight Buys Hair Removal Products

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By: TOM BRANNA

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Church & Dwight Co., Inc. signed a definitive agreement with Ideavillage Products Corporation to acquire the Flawless and Finishing Touch brands of hair removal products, a market leader in women’s electric hair removal products, for approximately $475 million in cash plus an additional earn-out payment of up to a maximum of $425 million, in cash, based on a 12-month net sales target ending no later than Dec. 31, 2021. The transaction, which is subject to regulatory approval and other cu...

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