by | Sep 20, 2010 | Towing
Cleaning-products maker Clorox Co. (CLX) is in talks to sell its auto-care brands STP and Armor All to private equity firm Avista Capital Partners for as much as $800 million.
The sale may be announced in the coming days, Bloomberg News reported without naming its sources. JPMorgan Chase (JPM) has been advising Clorox on the deal.
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In May, Clorox CEO Don Knauss said the company would…
Continue reading Clorox May Sell Auto Care Brands for $800 Million
Clorox May Sell Auto Care Brands for $800 Million originally appeared on DailyFinance on Mon, 20 Sep 2010 08:12:00.
Filed Under: Company News, JP Morgan Chase, Autos, Retail
by | Sep 16, 2010 | Towing
Computer problems dogged Chase’s (JPM) online banking services for a second day on Wednesday, leaving many customers frustrated.
Problems first appeared on the Chase site late Monday, with customers unable to log on to their accounts. Technicians wor…
by | Sep 16, 2010 | Towing
Four of the top six credit card issuers reported an increase in the number of debts they they wrote off as uncollectable in August. But there were a few positive signs as well.
Continue reading Uncollectable: B…
by | Sep 15, 2010 | Towing
The financial crisis was produced by a complex set of circumstances, including a massive housing bubble, poor regulation and irresponsible lending on an epic scale. A handful of bankers became the public faces of the crisis, an…
by | Sep 13, 2010 | Towing
“It felt like the world was on fire,” recalls financial writer Andrew Ross Sorkin, whose book Too Big To Fail covers the crisis at its peak. In an interview, he discusses the meltdown, its aftermath, the quest for power on Wall…
