Church & Dwight Co., Inc.

NYSE:CHD   3:59:55 PM EDT
98.60
-0.35 (-0.35%)
4:00:00 PM EDT: $98.61 +0.01 (+0.01%)
Mergers / Acquisitions

Church And Dwight Acquires Therabreath® Brand For $580 Million

Published: 11/29/2021 12:30 GMT
Church & Dwight Co., Inc. (CHD) - Church and Dwight Acquires Therabreath® Brand for $580 Million.
Now Expect 2021 Adjusted EPS to Be $2.96.
Acquisition is Expected to Be 2% Accretive to Cash Earnings in 2022 and Neutral to 2022 Eps.
FY2021 Earnings per Share View $3.00 -- Refinitiv Ibes Data (analyst estimates).
Deal is Expected to Be Dilutive to 2021 EPS by $0.03.
Expects to Finance Acquisition With Debt.
Acquisition Contains Benefit of a Cash Tax Shield Valued at $85 Million.