U.S. investor Carl Icahn offered to take Clorox private in a $12.6 billion deal, a regulatory filing indicated. In a letter sent Thursday to Clorox Chief Executive Officer Don Knauss, Icahn said the offer represents a 21 percent premium to the company's share price on Dec. 20, 2010, the day before Icahn began his investment in the company, CNNMoney.com reported. Shares of the cleaning products maker jumped 12 percent before the opening bell Friday, trading at one point to $76.50, CNNMoney said. The stock closed at $68.43 a share Thursday. Clorox competes with Procter and Gamble, Colgate Palmolive, Kimberly Clark and Johnson and Johnson in the cleaning products field.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor