CLOROX CANCELS BRAZIL DEAL

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(April 9, 2001) -- The Clorox Co. announced it has terminated its deal to buy a 50% stake in Bombril, Brazil's leading cleaning utensils and household cleaners maker. Clorox cited Bombril's failure to meet unspecified conditions of the January agreement, but Chairman-CEO Craig Sullivan said Clorox remains committed to growth in Latin America. -- Jack Neff

Copyright April 2001, Crain Communications Inc.

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