Dial
This article was originally published in The Tan Sheet
Executive Summary
Consumer product firm puts itself on selling block after board of directors determined it would be difficult to keep the company operating independently. Dial and Coast marketer had been considering divesting specialty brands, but believes sale of complete operation would be more tax-effective. Potential acquirers could be Kao Corp. (Japan), Unilever (UK/Holland) or Henkel (Germany)
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Dial Plant Consolidation To Achieve $6 Mil. In Annual Savings
Dial is predicting pre-tax savings of $6 mil. annually through plant consolidation efforts in the U.S. and Argentina, President and CEO Herbert Baum said during the Prudential Securities "Back-To-School" consumer products conference in Boston Sept. 5.
Dial Plant Consolidation To Achieve $6 Mil. In Annual Savings
Dial is predicting pre-tax savings of $6 mil. annually through plant consolidation efforts in the U.S. and Argentina, President and CEO Herbert Baum said during the Prudential Securities "Back-To-School" consumer products conference in Boston Sept. 5.