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Church & Dwight to Buy Touchland Hand-Sanitizer Brand

Church & Dwight to Buy Touchland Hand-Sanitizer Brand

Church & Dwight CHD -0.66%decrease; red down pointing triangle has struck a deal to buy the Touchland hand-sanitizer brand for up to $880 million.
Church & Dwight on Monday said the deal includes $700 million in cash and restricted stock at closing, along with a contingent payment of up to $180 million tied to Touchland's sales this year.

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