Company News

Playtex Contemplates Sale or Merger

Author Image

By: TOM BRANNA

Editor

Playtex Products Inc., Westport, CT, the maker of baby care products, suntan lotions and tampons, announced it is looking at strategic options, including the possibile sale of parts or all of the company. It has hired J.P. Morgan Chase & Co. as its financial adviser.The consumer product company’s decision is purportedly being driven in part by the desire of Haas Wheat, the investment firm that owns roughly one-third of Playtex and has been a longtime holder, to cash out of its investm...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters