Colgate-Palmolive Company has sold its southeast Asian heavy-duty laundry detergent brands to the Procter & Gamble Company as part of its effort to focus on high-margin, fast-growing business lines. The sale includes detergent brands Fab, Trojan, Dynamo and Paic, which are marketed in Thailand, Malaysia, Singapore and Hong Kong. As a result of the deal, two detergent factories will be closed or modified. The company said it expects that the one-time net gain resulting from the transaction ...