03.05.2016 21:20:00
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Clorox Company (The) -- Moody's: Clorox's Acquisition of Renew Life is Credit Positive; Ratings Unaffected
New York, May 03, 2016 -- Moody's Investors Service commented that The Clorox Company's announced acquisition of Renew Life Holding Corporation is credit positive, but has no effect on the company's ratings. On May 3, 2016, Clorox announced it had acquired Renew Life, a producer of digestive wellness supplements, for approximately $290 million. For more details please see the Issuer Comment published May 3, 2016. This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.