Form 8-K CLOROX CO /DE/ For: Sep 17
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Clorox (CLX) to Discontinue Clorox Venezuela Operations
September 22, 2014 8:40 AM EDTThe Clorox Company (NYSE: CLX) reported its affiliate Corporación Clorox de Venezuela S.A. (Clorox Venezuela) is no longer viable. As a result, Clorox Venezuela is discontinuing its operations, effective immediately, and is seeking to sell its assets.
"This is a very difficult situation for our company," said Chairman and CEO Don Knauss. "We are extremely proud of the men and women who did their very best to operate our business in the face of significant economic challenges. We are working to support them through this transition."
For nearly three... More
